LAES vs OMC: Correlation
SEALSQ Corp (LAES) and Omnicom Group (OMC) show a negative relationship: their 3-year correlation of weekly returns is -0.18.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LAES and OMC?
Over the past 3 years, LAES and OMC moved with a correlation of -0.18, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.06) runs above the 3-year figure (-0.18). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -1345.2 %².
Within LAES's tracked universe of 26 assets, OMC comes in at #19 by 3-year correlation. The last year tells two different stories: OMC led by 20.9 percentage points, -4.4% for LAES against +16.5% for OMC. Note the risk asymmetry: LAES runs 9.3 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.
LAES vs OMC: side by side
| LAES (SEALSQ Corp) | OMC (Omnicom Group) | |
|---|---|---|
| 1-year return | -4.4% | +16.5% |
| 5-year return | n/a | +45.6% |
| Volatility (ann.) | 261.5% | 28.0% |
| Beta vs S&P 500 | 1.57 | 0.76 |
| Max drawdown (3Y) | -94.5% | -33.3% |
| Market cap | $0.6B | $24.1B |
| P/E (trailing) | – | 237.5 |
| Dividend yield | 0.00% | 3.53% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | LAES | OMC |
|---|---|---|
| 2022 | – | +15.7% |
| 2023 | – | +9.6% |
| 2024 | +380.5% | +2.5% |
| 2025 | -38.5% | -2.6% |
| 2026 | -31.0% | +11.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LAES and OMC good diversifiers for each other?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
FAQ
What is the correlation between LAES and OMC?
The LAES/OMC correlation stands at -0.18 on a 3-year window (1 year: 0.06, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is OMC a good diversifier for LAES?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
What does a correlation of -0.18 mean?
On the −1 to +1 scale, -0.18 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/laes-vs-omc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/laes-vs-omc/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LAES correlations · OMC correlations
