KELYA vs LILA: Correlation
How closely do Kelly Services, Inc. (KELYA) and Liberty Latin America Ltd. (LILA) trade together? Their weekly returns over three years give a correlation of 0.47, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KELYA and LILA?
On 3 years of weekly data the KELYA/LILA correlation comes out at 0.47, moderate. Recent behaviour matches the longer record: 0.42 over 1 year against 0.47 over 3. The 5-year figure is 0.38, and annualized covariance runs at 883.4 %².
By 3-year correlation, LILA places #6 of the 20 assets tracked against KELYA. Their recent paths diverged sharply: over the last 12 months LILA outperformed by 28.3 percentage points (+24.2% for KELYA against +52.5% for LILA).
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.
KELYA vs LILA: side by side
| KELYA (Kelly Services, Inc.) | LILA (Liberty Latin America Ltd.) | |
|---|---|---|
| 1-year return | +24.2% | +52.5% |
| 5-year return | -5.4% | -13.8% |
| Volatility (ann.) | 37.3% | 49.9% |
| Beta vs S&P 500 | 0.73 | 0.47 |
| Max drawdown (3Y) | -66.5% | -57.1% |
| Market cap | $0.6B | $1.6B |
| P/E (trailing) | – | – |
| Dividend yield | 1.77% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KELYA | LILA |
|---|---|---|
| 2022 | +2.3% | -35.4% |
| 2023 | +30.0% | -2.9% |
| 2024 | -34.5% | -13.0% |
| 2025 | -35.2% | +16.2% |
| 2026 | +98.2% | +65.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KELYA and LILA good diversifiers for each other?
Reasonably. At 0.47, KELYA and LILA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between KELYA and LILA?
As of 2026-08-27, the correlation of weekly returns between KELYA and LILA is 0.47 over 3 years, 0.42 over 1 year and 0.38 over 5 years.
Is LILA a good diversifier for KELYA?
Reasonably. At 0.47, KELYA and LILA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.47 mean?
On the −1 to +1 scale, 0.47 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/kelya-vs-lila.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kelya-vs-lila/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KELYA correlations · LILA correlations
