HAS vs SCD: Correlation
How closely do Hasbro (HAS) and LMP Capital and Income Fund Inc. (SCD) trade together? Their weekly returns over three years give a correlation of 0.51, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HAS and SCD?
On 3 years of weekly data the HAS/SCD correlation comes out at 0.51, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.16 versus 0.51 over 3 years. The 5-year figure is 0.49, and annualized covariance runs at 279.9 %².
Among the 36 assets we track against HAS, SCD ranks #4 by 3-year correlation. On 12-month performance HAS holds a 8.3-point edge, +19.2% against +10.9%. One caveat on sizing: HAS is 1.8 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.
HAS vs SCD: side by side
| HAS (Hasbro) | SCD (LMP Capital and Income Fund Inc.) | |
|---|---|---|
| 1-year return | +19.2% | +10.9% |
| 5-year return | +17.1% | +68.6% |
| Volatility (ann.) | 31.7% | 17.4% |
| Beta vs S&P 500 | 0.86 | 0.81 |
| Max drawdown (3Y) | -40.3% | -21.8% |
| Market cap | $13.3B | $0.4B |
| P/E (trailing) | 17.1 | 5.1 |
| Dividend yield | 2.91% | 9.25% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | HAS | SCD |
|---|---|---|
| 2022 | -37.9% | -14.0% |
| 2023 | -11.9% | +27.9% |
| 2024 | +14.8% | +33.7% |
| 2025 | +52.5% | -5.7% |
| 2026 | +17.5% | +12.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HAS and SCD good diversifiers for each other?
Only partially. A correlation of 0.51 means HAS and SCD 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 SCD?
As of 2026-08-27, the correlation of weekly returns between HAS and SCD is 0.51 over 3 years, 0.16 over 1 year and 0.49 over 5 years.
Is SCD a good diversifier for HAS?
Only partially. A correlation of 0.51 means HAS and SCD 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?
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/has-vs-scd.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/has-vs-scd/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HAS correlations · SCD correlations
