LAES vs QSI: Correlation
How closely do SEALSQ Corp (LAES) and Quantum-Si Incorporated (QSI) trade together? Their weekly returns over three years give a correlation of 0.53, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LAES and QSI?
Across a 3-year window, the weekly returns of LAES and QSI correlate at 0.53, moderate. The past 12 months show a tighter link (0.64) than the 3-year average (0.53). Stretching to 5 years gives n/a, with an annualized covariance of 21324.8 %².
Within LAES's tracked universe of 26 assets, QSI comes in at #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months LAES outperformed by 26.4 percentage points (-4.4% for LAES against -30.8% for QSI). One caveat on sizing: LAES is 1.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 QSI: side by side
| LAES (SEALSQ Corp) | QSI (Quantum-Si Incorporated) | |
|---|---|---|
| 1-year return | -4.4% | -30.8% |
| 5-year return | n/a | -91.5% |
| Volatility (ann.) | 261.5% | 152.9% |
| Beta vs S&P 500 | 1.57 | 2.93 |
| Max drawdown (3Y) | -94.5% | -83.6% |
| Market cap | $0.6B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LAES | QSI |
|---|---|---|
| 2022 | – | -76.7% |
| 2023 | – | +9.8% |
| 2024 | +380.5% | +34.3% |
| 2025 | -38.5% | -59.3% |
| 2026 | -31.0% | -27.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LAES and QSI good diversifiers for each other?
Only partially. A correlation of 0.53 means LAES and QSI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between LAES and QSI?
Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.64 over the last year and n/a over 5 years.
Is QSI a good diversifier for LAES?
Only partially. A correlation of 0.53 means LAES and QSI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.53 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/laes-vs-qsi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/laes-vs-qsi/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LAES correlations · QSI correlations
