LBTYA vs TFX: Correlation
Liberty Global Ltd. - Class A (LBTYA) and Teleflex Incorporated (TFX) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LBTYA and TFX?
Over the past 3 years, LBTYA and TFX moved with a correlation of 0.41, which is moderate. The past 12 months show a tighter link (0.54) than the 3-year average (0.41). Over 5 years the correlation is 0.43, and the annualized covariance of weekly returns is 432.3 %².
Few assets follow LBTYA as closely as TFX, which ranks #3 of 10 tracked partners. The last year tells two different stories: TFX led by 18.1 percentage points, -10.6% for LBTYA against +7.5% for TFX.
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.
LBTYA vs TFX: side by side
| LBTYA (Liberty Global Ltd. - Class A) | TFX (Teleflex Incorporated) | |
|---|---|---|
| 1-year return | -10.6% | +7.5% |
| 5-year return | -28.1% | -63.6% |
| Volatility (ann.) | 30.5% | 35.0% |
| Beta vs S&P 500 | 0.49 | 0.75 |
| Max drawdown (3Y) | -35.7% | -60.1% |
| Market cap | $3.6B | $5.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.98% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LBTYA | TFX |
|---|---|---|
| 2022 | -31.8% | -23.6% |
| 2023 | -6.1% | +0.5% |
| 2024 | +39.4% | -28.2% |
| 2025 | -12.7% | -30.7% |
| 2026 | -5.4% | +13.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LBTYA and TFX good diversifiers for each other?
Reasonably. At 0.41, LBTYA and TFX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between LBTYA and TFX?
The LBTYA/TFX correlation stands at 0.41 on a 3-year window (1 year: 0.54, 5 years: 0.43), computed from weekly returns as of 2026-08-27.
Is TFX a good diversifier for LBTYA?
Reasonably. At 0.41, LBTYA and TFX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 mean?
A reading of 0.41 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: LBTYA correlations · TFX correlations
