LEA vs SFM: Correlation
Measured on weekly returns over the past three years, Lear Corporation (LEA) and Sprouts Farmers Market, Inc. (SFM) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LEA and SFM?
On 3 years of weekly data the LEA/SFM correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.30 lands near the 3-year figure. The 5-year figure is -0.11, and annualized covariance runs at -238.4 %².
Out of 17 assets tracked against LEA, SFM lands near the bottom at #15. Correlation aside, the last 12 months split them widely, with LEA ahead by 59.2 points (+15.2% versus -44.0%).
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.
LEA vs SFM: side by side
| LEA (Lear Corporation) | SFM (Sprouts Farmers Market, Inc.) | |
|---|---|---|
| 1-year return | +15.2% | -44.0% |
| 5-year return | -13.4% | +228.8% |
| Volatility (ann.) | 28.8% | 39.2% |
| Beta vs S&P 500 | 0.61 | 0.38 |
| Max drawdown (3Y) | -47.0% | -63.5% |
| Market cap | $8.2B | $7.6B |
| P/E (trailing) | 11.6 | 15.5 |
| Dividend yield | 2.48% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LEA | SFM |
|---|---|---|
| 2022 | -30.7% | +9.1% |
| 2023 | +16.4% | +48.6% |
| 2024 | -31.2% | +164.1% |
| 2025 | +24.9% | -37.3% |
| 2026 | +9.1% | +1.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LEA and SFM good diversifiers for each other?
Yes. With a correlation of -0.21, LEA and SFM have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between LEA and SFM?
As of 2026-08-27, the correlation of weekly returns between LEA and SFM is -0.21 over 3 years, -0.30 over 1 year and -0.11 over 5 years.
Is SFM a good diversifier for LEA?
Yes. With a correlation of -0.21, LEA and SFM have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 mean?
A reading of -0.21 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/lea-vs-sfm.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lea-vs-sfm/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LEA correlations · SFM correlations
