LBRT vs SEI: Correlation
How closely do Liberty Energy Inc. (LBRT) and Solaris Energy Infrastructure, Inc. (SEI) 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 LBRT and SEI?
On 3 years of weekly data the LBRT/SEI correlation comes out at 0.53, moderate. Recent behaviour matches the longer record: 0.51 over 1 year against 0.53 over 3. The 5-year figure is 0.58, and annualized covariance runs at 2146.5 %².
Among the 14 assets we track against LBRT, SEI ranks #9 by 3-year correlation. The trailing year gives SEI the advantage: +73.9% versus +80.2%, a 6.3-point spread.
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.
LBRT vs SEI: side by side
| LBRT (Liberty Energy Inc.) | SEI (Solaris Energy Infrastructure, Inc.) | |
|---|---|---|
| 1-year return | +73.9% | +80.2% |
| 5-year return | +101.9% | +759.3% |
| Volatility (ann.) | 55.9% | 72.5% |
| Beta vs S&P 500 | 0.91 | 1.79 |
| Max drawdown (3Y) | -58.8% | -55.4% |
| Market cap | $3.1B | $5.3B |
| P/E (trailing) | 25.0 | 66.1 |
| Dividend yield | 1.89% | 0.93% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LBRT | SEI |
|---|---|---|
| 2022 | +65.6% | +57.5% |
| 2023 | +14.8% | -15.7% |
| 2024 | +11.2% | +277.7% |
| 2025 | -4.9% | +62.3% |
| 2026 | +5.0% | +15.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LBRT and SEI good diversifiers for each other?
Only partially. A correlation of 0.53 means LBRT and SEI 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 LBRT and SEI?
The LBRT/SEI correlation stands at 0.53 on a 3-year window (1 year: 0.51, 5 years: 0.58), computed from weekly returns as of 2026-08-27.
Is SEI a good diversifier for LBRT?
Only partially. A correlation of 0.53 means LBRT and SEI 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?
A reading of 0.53 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/lbrt-vs-sei.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lbrt-vs-sei/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LBRT correlations · SEI correlations
