LAES vs SENS: Correlation
SEALSQ Corp (LAES) and Senseonics Holdings, Inc. (SENS) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LAES and SENS?
On 3 years of weekly data the LAES/SENS correlation comes out at 0.45, moderate. The past 12 months show a weaker link (0.08) than the 3-year average (0.45). The 5-year figure is n/a, and annualized covariance runs at 11583.6 %².
By 3-year correlation, SENS places #7 of the 26 assets tracked against LAES. Over the last 12 months SENS came out ahead by 5.5 percentage points (-4.4% against +1.1%). Note the risk asymmetry: LAES runs 2.7 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 SENS: side by side
| LAES (SEALSQ Corp) | SENS (Senseonics Holdings, Inc.) | |
|---|---|---|
| 1-year return | -4.4% | +1.1% |
| 5-year return | n/a | -87.7% |
| Volatility (ann.) | 261.5% | 97.8% |
| Beta vs S&P 500 | 1.57 | 1.76 |
| Max drawdown (3Y) | -94.5% | -81.5% |
| Market cap | $0.6B | $0.5B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LAES | SENS |
|---|---|---|
| 2022 | – | -61.4% |
| 2023 | – | -44.7% |
| 2024 | +380.5% | -8.2% |
| 2025 | -38.5% | -47.2% |
| 2026 | -31.0% | +70.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LAES and SENS good diversifiers for each other?
Reasonably. At 0.45, LAES and SENS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between LAES and SENS?
Using weekly returns as of 2026-08-27: 0.45 over 3 years, with 0.08 over the last year and n/a over 5 years.
Is SENS a good diversifier for LAES?
Reasonably. At 0.45, LAES and SENS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.45 mean?
On the −1 to +1 scale, 0.45 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-sens.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/laes-vs-sens/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LAES correlations · SENS correlations
