HAS vs LFUS: Correlation
Measured on weekly returns over the past three years, Hasbro (HAS) and Littelfuse, Inc. (LFUS) carry a correlation of 0.51, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HAS and LFUS?
On 3 years of weekly data the HAS/LFUS correlation comes out at 0.51, moderate. The past 12 months show a weaker link (0.41) than the 3-year average (0.51). The 5-year figure is 0.46, and annualized covariance runs at 573.3 %².
Few assets follow HAS as closely as LFUS, which ranks #3 of 36 tracked partners. Correlation aside, the last 12 months split them widely, with LFUS ahead by 42.8 points (+19.2% versus +62.0%).
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.
HAS vs LFUS: side by side
| HAS (Hasbro) | LFUS (Littelfuse, Inc.) | |
|---|---|---|
| 1-year return | +19.2% | +62.0% |
| 5-year return | +17.1% | +53.7% |
| Volatility (ann.) | 31.7% | 35.3% |
| Beta vs S&P 500 | 0.86 | 1.44 |
| Max drawdown (3Y) | -40.3% | -45.0% |
| Market cap | $13.3B | $10.7B |
| P/E (trailing) | 17.1 | – |
| Dividend yield | 2.91% | 0.72% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | HAS | LFUS |
|---|---|---|
| 2022 | -37.9% | -29.4% |
| 2023 | -11.9% | +22.7% |
| 2024 | +14.8% | -11.0% |
| 2025 | +52.5% | +8.6% |
| 2026 | +17.5% | +67.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HAS and LFUS good diversifiers for each other?
Only partially. A correlation of 0.51 means HAS and LFUS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between HAS and LFUS?
As of 2026-08-27, the correlation of weekly returns between HAS and LFUS is 0.51 over 3 years, 0.41 over 1 year and 0.46 over 5 years.
Is LFUS a good diversifier for HAS?
Only partially. A correlation of 0.51 means HAS and LFUS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.51 mean?
A reading of 0.51 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
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Related comparisons
Hubs: HAS correlations · LFUS correlations
