JLL vs SGHT: Correlation
Measured on weekly returns over the past three years, Jones Lang LaSalle Incorporated (JLL) and Sight Sciences, Inc. (SGHT) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JLL and SGHT?
On 3 years of weekly data the JLL/SGHT correlation comes out at 0.39, moderate. Recent behaviour matches the longer record: 0.41 over 1 year against 0.39 over 3. The 5-year figure is 0.36, and annualized covariance runs at 1312.7 %².
Out of 26 assets tracked against JLL, SGHT lands near the bottom at #23. Correlation aside, the last 12 months split them widely, with SGHT ahead by 75.0 points (+23.8% versus +98.8%). Note the risk asymmetry: SGHT runs 2.8 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.
JLL vs SGHT: side by side
| JLL (Jones Lang LaSalle Incorporated) | SGHT (Sight Sciences, Inc.) | |
|---|---|---|
| 1-year return | +23.8% | +98.8% |
| 5-year return | +55.9% | -73.7% |
| Volatility (ann.) | 34.9% | 96.0% |
| Beta vs S&P 500 | 1.30 | 2.34 |
| Max drawdown (3Y) | -30.6% | -81.1% |
| Market cap | $17.4B | $0.5B |
| P/E (trailing) | 18.5 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JLL | SGHT |
|---|---|---|
| 2022 | -40.8% | -30.5% |
| 2023 | +18.5% | -57.7% |
| 2024 | +34.0% | -29.5% |
| 2025 | +32.9% | +117.9% |
| 2026 | +12.6% | +6.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JLL and SGHT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between JLL and SGHT?
The JLL/SGHT correlation stands at 0.39 on a 3-year window (1 year: 0.41, 5 years: 0.36), computed from weekly returns as of 2026-08-27.
Is SGHT a good diversifier for JLL?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.39 mean?
On the −1 to +1 scale, 0.39 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/jll-vs-sght.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/jll-vs-sght/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: JLL correlations · SGHT correlations
