KPLT vs LEGH: Correlation
Katapult Holdings, Inc. (KPLT) and Legacy Housing Corporation (LEGH) show a moderate relationship: their 3-year correlation of weekly returns is 0.34.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KPLT and LEGH?
Over the past 3 years, KPLT and LEGH moved with a correlation of 0.34, which is moderate. Little has changed lately, as the 1-year reading of 0.32 lands near the 3-year figure. Over 5 years the correlation is 0.31, and the annualized covariance of weekly returns is 1016.4 %².
LEGH is one of the assets that tracks KPLT most closely: it ranks #1 out of the 11 assets we track against KPLT. Correlation aside, the last 12 months split them widely, with LEGH ahead by 60.6 points (-59.0% versus +1.6%). Note the risk asymmetry: KPLT runs 2.5 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.
KPLT vs LEGH: side by side
| KPLT (Katapult Holdings, Inc.) | LEGH (Legacy Housing Corporation) | |
|---|---|---|
| 1-year return | -59.0% | +1.6% |
| 5-year return | -95.6% | +49.1% |
| Volatility (ann.) | 87.1% | 34.8% |
| Beta vs S&P 500 | 1.08 | 0.84 |
| Max drawdown (3Y) | -75.6% | -34.9% |
| Market cap | $0.5B | $0.7B |
| P/E (trailing) | 3.1 | 13.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KPLT | LEGH |
|---|---|---|
| 2022 | -71.6% | -28.4% |
| 2023 | -54.5% | +33.0% |
| 2024 | -37.9% | -2.1% |
| 2025 | -4.5% | -20.9% |
| 2026 | -12.4% | +45.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KPLT and LEGH good diversifiers for each other?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between KPLT and LEGH?
The KPLT/LEGH correlation stands at 0.34 on a 3-year window (1 year: 0.32, 5 years: 0.31), computed from weekly returns as of 2026-08-27.
Is LEGH a good diversifier for KPLT?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.34 mean?
A reading of 0.34 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/kplt-vs-legh.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/kplt-vs-legh/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KPLT correlations · LEGH correlations
