JPM vs LICN: Correlation
Measured on weekly returns over the past three years, JPMorgan Chase (JPM) and Lichen International Limited - Class A (LICN) carry a correlation of -0.23, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JPM and LICN?
On 3 years of weekly data the JPM/LICN correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.20) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -44954.2 %².
Among the 36 assets we track against JPM, LICN sits near the bottom by co-movement, at rank #32. Correlation aside, the last 12 months split them widely, with JPM ahead by 95.3 points (+20.6% versus -74.7%). Risk is not evenly split, since LICN carries 367.6 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.
JPM vs LICN: side by side
| JPM (JPMorgan Chase) | LICN (Lichen International Limited - Class A) | |
|---|---|---|
| 1-year return | +20.6% | -74.7% |
| 5-year return | +150.2% | n/a |
| Volatility (ann.) | 23.2% | 8528.0% |
| Beta vs S&P 500 | 1.01 | -80.22 |
| Max drawdown (3Y) | -24.4% | -98.4% |
| Market cap | $941.6B | – |
| P/E (trailing) | 15.2 | – |
| Dividend yield | 1.68% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | JPM | LICN |
|---|---|---|
| 2022 | -12.6% | – |
| 2023 | +30.6% | – |
| 2024 | +44.3% | -91.0% |
| 2025 | +37.3% | +1484.3% |
| 2026 | +11.5% | -56.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JPM and LICN good diversifiers for each other?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
FAQ
What is the correlation between JPM and LICN?
As of 2026-08-27, the correlation of weekly returns between JPM and LICN is -0.23 over 3 years, -0.20 over 1 year and n/a over 5 years.
Is LICN a good diversifier for JPM?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
What does a correlation of -0.23 mean?
On the −1 to +1 scale, -0.23 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/jpm-vs-licn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/jpm-vs-licn/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: JPM correlations · LICN correlations
