JBSS vs LILA: Correlation
How closely do John B. Sanfilippo & Son, Inc. (JBSS) and Liberty Latin America Ltd. (LILA) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JBSS and LILA?
Across a 3-year window, the weekly returns of JBSS and LILA correlate at 0.37, moderate. The relationship has been stable: the 1-year correlation (0.46) sits close to the 3-year figure. Stretching to 5 years gives 0.28, with an annualized covariance of 525.2 %².
LILA is one of the assets that tracks JBSS most closely: it ranks #2 out of the 12 assets we track against JBSS. Their recent paths diverged sharply: over the last 12 months LILA outperformed by 33.3 percentage points (+19.2% for JBSS against +52.5% for LILA). Risk is not evenly split, since LILA carries 1.7 times the volatility of the other side.
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.
JBSS vs LILA: side by side
| JBSS (John B. Sanfilippo & Son, Inc.) | LILA (Liberty Latin America Ltd.) | |
|---|---|---|
| 1-year return | +19.2% | +52.5% |
| 5-year return | +6.4% | -13.8% |
| Volatility (ann.) | 28.6% | 49.9% |
| Beta vs S&P 500 | 0.21 | 0.47 |
| Max drawdown (3Y) | -43.7% | -57.1% |
| Market cap | $0.9B | $1.6B |
| P/E (trailing) | 14.1 | – |
| Dividend yield | 1.25% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JBSS | LILA |
|---|---|---|
| 2022 | -5.9% | -35.4% |
| 2023 | +30.9% | -2.9% |
| 2024 | -12.8% | -13.0% |
| 2025 | -15.8% | +16.2% |
| 2026 | +9.3% | +65.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JBSS and LILA good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between JBSS and LILA?
As of 2026-08-27, the correlation of weekly returns between JBSS and LILA is 0.37 over 3 years, 0.46 over 1 year and 0.28 over 5 years.
Is LILA a good diversifier for JBSS?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.37 mean?
On the −1 to +1 scale, 0.37 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/jbss-vs-lila.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/jbss-vs-lila/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: JBSS correlations · LILA correlations