LAMR vs RSP: Correlation
Lamar Advertising Company (LAMR) and Invesco S&P 500 Equal Weight ETF (RSP) show a strong relationship: their 3-year correlation of weekly returns is 0.65.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LAMR and RSP?
Over the past 3 years, LAMR and RSP moved with a correlation of 0.65, which is strong. The link has loosened recently: the 1-year correlation (0.46) runs below the 3-year figure (0.65). Over 5 years the correlation is 0.72, and the annualized covariance of weekly returns is 212.3 %².
RSP is one of the assets that tracks LAMR most closely: it ranks #2 out of the 14 assets we track against LAMR. Their 12-month results are close: +24.0% for LAMR against +19.2% for RSP. Risk is not evenly split, since LAMR carries 1.9 times the volatility of the other side.
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.
LAMR vs RSP: side by side
| LAMR (Lamar Advertising Company) | RSP (Invesco S&P 500 Equal Weight ETF) | |
|---|---|---|
| 1-year return | +24.0% | +19.2% |
| 5-year return | +68.6% | +53.9% |
| Volatility (ann.) | 24.7% | 13.2% |
| Beta vs S&P 500 | 0.90 | 0.77 |
| Max drawdown (3Y) | -23.9% | -17.8% |
| Market cap | $15.3B | – |
| P/E (trailing) | 27.5 | – |
| Dividend yield | 4.15% | 1.49% |
| Expense ratio | – | 0.20% |
| Assets under management | – | $97.3B |
| Sector / category | US Listed | ETF · US Large Cap |
On the fund side, RSP sits in the Large Blend category at Invesco, with $97.3B under management, 505 holdings, a 0.20% expense ratio, a 1.49% trailing dividend yield.
Year-by-year returns
| Year | LAMR | RSP |
|---|---|---|
| 2022 | -18.0% | -11.6% |
| 2023 | +18.6% | +13.7% |
| 2024 | +20.0% | +12.8% |
| 2025 | +9.7% | +11.2% |
| 2026 | +21.7% | +16.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LAMR and RSP good diversifiers for each other?
To a limited degree. At 0.65 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between LAMR and RSP?
The LAMR/RSP correlation stands at 0.65 on a 3-year window (1 year: 0.46, 5 years: 0.72), computed from weekly returns as of 2026-08-27.
Is RSP a good diversifier for LAMR?
To a limited degree. At 0.65 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.65 mean?
A reading of 0.65 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/lamr-vs-rsp.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lamr-vs-rsp/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LAMR correlations · RSP correlations
