GPC vs LGIH: Correlation
Genuine Parts Company (GPC) and LGI Homes, Inc. (LGIH) show a moderate relationship: their 3-year correlation of weekly returns is 0.51.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GPC and LGIH?
Over the past 3 years, GPC and LGIH moved with a correlation of 0.51, which is moderate. Recent behaviour matches the longer record: 0.55 over 1 year against 0.51 over 3. Over 5 years the correlation is 0.48, and the annualized covariance of weekly returns is 874.1 %².
By 3-year correlation, LGIH places #15 of the 36 assets tracked against GPC. On 12-month performance GPC holds a 10.7-point edge, +1.3% against -9.4%. One caveat on sizing: LGIH is 1.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
GPC vs LGIH: side by side
| GPC (Genuine Parts Company) | LGIH (LGI Homes, Inc.) | |
|---|---|---|
| 1-year return | +1.3% | -9.4% |
| 5-year return | +27.6% | -64.2% |
| Volatility (ann.) | 31.9% | 53.2% |
| Beta vs S&P 500 | 0.66 | 1.23 |
| Max drawdown (3Y) | -39.7% | -74.8% |
| Market cap | $18.8B | $1.3B |
| P/E (trailing) | 546.8 | 20.4 |
| Dividend yield | 3.00% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | GPC | LGIH |
|---|---|---|
| 2022 | +26.8% | -40.1% |
| 2023 | -18.1% | +43.8% |
| 2024 | -13.2% | -32.9% |
| 2025 | +8.7% | -51.9% |
| 2026 | +13.4% | +32.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GPC and LGIH good diversifiers for each other?
Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between GPC and LGIH?
Using weekly returns as of 2026-08-27: 0.51 over 3 years, with 0.55 over the last year and 0.48 over 5 years.
Is LGIH a good diversifier for GPC?
Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.51 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gpc-vs-lgih.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gpc-vs-lgih/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GPC correlations · LGIH correlations
