KARO vs LIF: Correlation
How closely do Karooooo Ltd. (KARO) and Life360, Inc. (LIF) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KARO and LIF?
Across a 3-year window, the weekly returns of KARO and LIF correlate at 0.45, moderate. The relationship has been stable: the 1-year correlation (0.37) sits close to the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of 1125.1 %².
In KARO's tracked universe of 10 assets, LIF sits right near the top at #1. The last year tells two different stories: KARO led by 84.4 percentage points, +33.0% for KARO against -51.4% for LIF. Risk is not evenly split, since LIF carries 1.6 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.
KARO vs LIF: side by side
| KARO (Karooooo Ltd.) | LIF (Life360, Inc.) | |
|---|---|---|
| 1-year return | +33.0% | -51.4% |
| 5-year return | +131.7% | n/a |
| Volatility (ann.) | 39.0% | 63.6% |
| Beta vs S&P 500 | 1.10 | 2.18 |
| Max drawdown (3Y) | -32.3% | -65.6% |
| Market cap | $2.1B | $3.6B |
| P/E (trailing) | 30.9 | 25.1 |
| Dividend yield | 33.69% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KARO | LIF |
|---|---|---|
| 2022 | -41.5% | – |
| 2023 | +8.0% | – |
| 2024 | +91.5% | – |
| 2025 | +3.5% | +55.4% |
| 2026 | +50.9% | -31.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KARO and LIF good diversifiers for each other?
Reasonably. At 0.45, KARO and LIF keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between KARO and LIF?
Using weekly returns as of 2026-08-27: 0.45 over 3 years, with 0.37 over the last year and n/a over 5 years.
Is LIF a good diversifier for KARO?
Reasonably. At 0.45, KARO and LIF keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.45 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/karo-vs-lif.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/karo-vs-lif/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KARO correlations · LIF correlations
