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GLW vs LFUS: Correlation

Corning Inc. (GLW) and Littelfuse, Inc. (LFUS) show a strong relationship: their 3-year correlation of weekly returns is 0.61.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.61
strong
Correlation (1Y)
0.57
last 12 months
Correlation (5Y)
0.56
long-run
Ann. covariance
900.3
%² · weekly, annualized

How correlated are GLW and LFUS?

On 3 years of weekly data the GLW/LFUS correlation comes out at 0.61, strong. Recent behaviour matches the longer record: 0.57 over 1 year against 0.61 over 3. The 5-year figure is 0.56, and annualized covariance runs at 900.3 %².

In GLW's tracked universe of 37 assets, LFUS sits right near the top at #1. Their recent paths diverged sharply: over the last 12 months GLW outperformed by 67.7 percentage points (+129.7% for GLW against +62.0% for LFUS).

How is this computed?

Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.

GLW vs LFUS: side by side

GLW (Corning Inc.)LFUS (Littelfuse, Inc.)
1-year return+129.7%+62.0%
5-year return+331.4%+53.7%
Volatility (ann.)42.1%35.3%
Beta vs S&P 5001.151.44
Max drawdown (3Y)-51.5%-45.0%
Market cap$131.6B$10.7B
P/E (trailing)70.4
Dividend yield0.73%0.72%
Sector / categoryInformation TechnologyUS Listed
Higher yield: GLW 0.73% vs 0.72%Smaller drawdown: LFUS -45.0% vs -51.5%Higher 5y return: GLW +331.4% vs +53.7%
-8%0%+213%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. GLW · LFUS

Year-by-year returns

YearGLWLFUS
2022-11.6%-29.4%
2023-1.2%+22.7%
2024+60.6%-11.0%
2025+87.8%+8.6%
2026+75.1%+67.5%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are GLW and LFUS good diversifiers for each other?

Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.

FAQ

What is the correlation between GLW and LFUS?

As of 2026-08-27, the correlation of weekly returns between GLW and LFUS is 0.61 over 3 years, 0.57 over 1 year and 0.56 over 5 years.

Is LFUS a good diversifier for GLW?

Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.

What does a correlation of 0.61 mean?

On the −1 to +1 scale, 0.61 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.

Use this data

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GLW vs LFUS: 3-year weekly correlation 0.61GLW vs LFUS0.61

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Related comparisons

Hubs: GLW correlations · LFUS correlations