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LBTYB vs SLAB: Correlation

Liberty Global Ltd. - Class B (LBTYB) and Silicon Laboratories, Inc. (SLAB) show a moderate relationship: their 3-year correlation of weekly returns is 0.38.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.38
moderate
Correlation (1Y)
0.73
last 12 months
Correlation (5Y)
0.29
long-run
Ann. covariance
1064.4
%² · weekly, annualized

How correlated are LBTYB and SLAB?

On 3 years of weekly data the LBTYB/SLAB correlation comes out at 0.38, moderate. The link has tightened recently: the 1-year correlation (0.73) runs above the 3-year figure (0.38). The 5-year figure is 0.29, and annualized covariance runs at 1064.4 %².

Within LBTYB's tracked universe of 22 assets, SLAB comes in at #4 by 3-year correlation. The last year tells two different stories: SLAB led by 46.3 percentage points, +10.5% for LBTYB against +56.8% for SLAB.

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.

LBTYB vs SLAB: side by side

LBTYB (Liberty Global Ltd. - Class B)SLAB (Silicon Laboratories, Inc.)
1-year return+10.5%+56.8%
5-year return-55.0%+36.7%
Volatility (ann.)57.5%48.6%
Beta vs S&P 5000.321.40
Max drawdown (3Y)-58.2%-45.7%
Market cap$4.4B$7.3B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: SLAB -45.7% vs -58.2%Higher 5y return: SLAB +36.7% vs -55.0%
-16%0%+62%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). LBTYB · SLAB

Year-by-year returns

YearLBTYBSLAB
2022-32.5%-34.3%
2023-6.3%-2.5%
2024-27.3%-6.1%
2025-8.7%+5.2%
2026+9.4%+67.5%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are LBTYB and SLAB good diversifiers for each other?

Reasonably. At 0.38, LBTYB and SLAB keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between LBTYB and SLAB?

As of 2026-08-27, the correlation of weekly returns between LBTYB and SLAB is 0.38 over 3 years, 0.73 over 1 year and 0.29 over 5 years.

Is SLAB a good diversifier for LBTYB?

Reasonably. At 0.38, LBTYB and SLAB keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.38 mean?

A reading of 0.38 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

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LBTYB vs SLAB: 3-year weekly correlation 0.38LBTYB vs SLAB0.38

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Related comparisons

Hubs: LBTYB correlations · SLAB correlations