IFF vs LAMR: Correlation
How closely do International Flavors & Fragrances (IFF) and Lamar Advertising Company (LAMR) trade together? Their weekly returns over three years give a correlation of 0.58, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IFF and LAMR?
On 3 years of weekly data the IFF/LAMR correlation comes out at 0.58, moderate. The relationship has been stable: the 1-year correlation (0.54) sits close to the 3-year figure. The 5-year figure is 0.53, and annualized covariance runs at 421.6 %².
In IFF's tracked universe of 32 assets, LAMR sits right near the top at #3. Over the last 12 months IFF came out ahead by 9.2 percentage points (+33.2% against +24.0%).
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.
IFF vs LAMR: side by side
| IFF (International Flavors & Fragrances) | LAMR (Lamar Advertising Company) | |
|---|---|---|
| 1-year return | +33.2% | +24.0% |
| 5-year return | -34.3% | +68.6% |
| Volatility (ann.) | 29.5% | 24.7% |
| Beta vs S&P 500 | 0.69 | 0.90 |
| Max drawdown (3Y) | -42.6% | -23.9% |
| Market cap | $22.2B | $15.3B |
| P/E (trailing) | – | 27.5 |
| Dividend yield | 1.84% | 4.15% |
| Sector / category | Materials | US Listed |
Year-by-year returns
| Year | IFF | LAMR |
|---|---|---|
| 2022 | -28.3% | -18.0% |
| 2023 | -19.5% | +18.6% |
| 2024 | +6.3% | +20.0% |
| 2025 | -18.4% | +9.7% |
| 2026 | +30.3% | +21.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IFF and LAMR good diversifiers for each other?
To a limited degree. At 0.58 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between IFF and LAMR?
As of 2026-08-27, the correlation of weekly returns between IFF and LAMR is 0.58 over 3 years, 0.54 over 1 year and 0.53 over 5 years.
Is LAMR a good diversifier for IFF?
To a limited degree. At 0.58 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.58 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/iff-vs-lamr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/iff-vs-lamr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: IFF correlations · LAMR correlations
