LCID vs RIVN: Correlation
Lucid Group, Inc. (LCID) and Rivian Automotive, Inc. (RIVN) show a moderate relationship: their 3-year correlation of weekly returns is 0.48.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LCID and RIVN?
Across a 3-year window, the weekly returns of LCID and RIVN correlate at 0.48, moderate. The link has loosened recently: the 1-year correlation (0.11) runs below the 3-year figure (0.48). Stretching to 5 years gives 0.52, with an annualized covariance of 2523.4 %².
In LCID's tracked universe of 10 assets, RIVN sits right near the top at #2. Their recent paths diverged sharply: over the last 12 months RIVN outperformed by 102.6 percentage points (-75.5% for LCID against +27.1% for RIVN).
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.
LCID vs RIVN: side by side
| LCID (Lucid Group, Inc.) | RIVN (Rivian Automotive, Inc.) | |
|---|---|---|
| 1-year return | -75.5% | +27.1% |
| 5-year return | -97.5% | -83.3% |
| Volatility (ann.) | 78.4% | 66.9% |
| Beta vs S&P 500 | 1.25 | 1.19 |
| Max drawdown (3Y) | -92.7% | -65.5% |
| Market cap | $2.0B | $24.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LCID | RIVN |
|---|---|---|
| 2022 | -82.0% | -82.2% |
| 2023 | -38.4% | +27.3% |
| 2024 | -28.3% | -43.3% |
| 2025 | -65.0% | +48.2% |
| 2026 | -51.8% | -14.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LCID and RIVN good diversifiers for each other?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between LCID and RIVN?
Using weekly returns as of 2026-08-27: 0.48 over 3 years, with 0.11 over the last year and 0.52 over 5 years.
Is RIVN a good diversifier for LCID?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.48 mean?
On the −1 to +1 scale, 0.48 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/lcid-vs-rivn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lcid-vs-rivn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LCID correlations · RIVN correlations
