INLX vs LSF: Correlation
Intellinetics, Inc. (INLX) and Laird Superfood, Inc. (LSF) show a weak relationship: their 3-year correlation of weekly returns is 0.26.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INLX and LSF?
Across a 3-year window, the weekly returns of INLX and LSF correlate at 0.26, weak. Little has changed lately, as the 1-year reading of 0.24 lands near the 3-year figure. Stretching to 5 years gives 0.17, with an annualized covariance of 2856.2 %².
Few assets follow INLX as closely as LSF, which ranks #2 of 24 tracked partners. On 12-month performance LSF holds a 13.8-point edge, -46.4% against -32.6%. Note the risk asymmetry: LSF runs 3.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
INLX vs LSF: side by side
| INLX (Intellinetics, Inc.) | LSF (Laird Superfood, Inc.) | |
|---|---|---|
| 1-year return | -46.4% | -32.6% |
| 5-year return | +7.4% | -79.5% |
| Volatility (ann.) | 60.0% | 183.4% |
| Beta vs S&P 500 | -0.07 | 1.17 |
| Max drawdown (3Y) | -65.9% | -79.9% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | INLX | LSF |
|---|---|---|
| 2022 | -43.5% | -93.6% |
| 2023 | +18.5% | +8.3% |
| 2024 | +171.7% | +765.9% |
| 2025 | -42.0% | -71.8% |
| 2026 | -34.2% | +74.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INLX and LSF good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.26 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between INLX and LSF?
Using weekly returns as of 2026-08-27: 0.26 over 3 years, with 0.24 over the last year and 0.17 over 5 years.
Is LSF a good diversifier for INLX?
Yes, to a useful degree: a correlation of 0.26 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.26 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/inlx-vs-lsf.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/inlx-vs-lsf/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: INLX correlations · LSF correlations
