HLIO vs LSCC: Correlation
Measured on weekly returns over the past three years, Helios Technologies, Inc. (HLIO) and Lattice Semiconductor Corporation (LSCC) carry a correlation of 0.55, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HLIO and LSCC?
Over the past 3 years, HLIO and LSCC moved with a correlation of 0.55, which is moderate. The past 12 months show a weaker link (0.35) than the 3-year average (0.55). Over 5 years the correlation is 0.52, and the annualized covariance of weekly returns is 1275.4 %².
Within HLIO's tracked universe of 18 assets, LSCC comes in at #5 by 3-year correlation. The last year tells two different stories: LSCC led by 45.2 percentage points, +37.8% for HLIO against +83.0% for LSCC.
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.
HLIO vs LSCC: side by side
| HLIO (Helios Technologies, Inc.) | LSCC (Lattice Semiconductor Corporation) | |
|---|---|---|
| 1-year return | +37.8% | +83.0% |
| 5-year return | -5.7% | +92.0% |
| Volatility (ann.) | 42.8% | 53.9% |
| Beta vs S&P 500 | 1.18 | 2.02 |
| Max drawdown (3Y) | -55.9% | -61.1% |
| Market cap | $2.5B | $17.1B |
| P/E (trailing) | 34.9 | 481.9 |
| Dividend yield | 0.56% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HLIO | LSCC |
|---|---|---|
| 2022 | -48.0% | -15.8% |
| 2023 | -16.2% | +6.3% |
| 2024 | -0.8% | -17.9% |
| 2025 | +21.0% | +29.9% |
| 2026 | +39.8% | +63.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HLIO and LSCC good diversifiers for each other?
Only partially. A correlation of 0.55 means HLIO and LSCC 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 HLIO and LSCC?
Using weekly returns as of 2026-08-27: 0.55 over 3 years, with 0.35 over the last year and 0.52 over 5 years.
Is LSCC a good diversifier for HLIO?
Only partially. A correlation of 0.55 means HLIO and LSCC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.55 mean?
On the −1 to +1 scale, 0.55 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
$ curl https://www.pairbook.io/api/v1/pairs/hlio-vs-lscc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/hlio-vs-lscc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HLIO correlations · LSCC correlations
