LENZ vs LSF: Correlation
Measured on weekly returns over the past three years, LENZ Therapeutics, Inc. (LENZ) and Laird Superfood, Inc. (LSF) carry a correlation of 0.41, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LENZ and LSF?
Over the past 3 years, LENZ and LSF moved with a correlation of 0.41, which is moderate. Recent behaviour matches the longer record: 0.33 over 1 year against 0.41 over 3. Over 5 years the correlation is 0.33, and the annualized covariance of weekly returns is 5921.7 %².
Few assets follow LENZ as closely as LSF, which ranks #3 of 10 tracked partners. Correlation aside, the last 12 months split them widely, with LSF ahead by 54.5 points (-87.1% versus -32.6%). One caveat on sizing: LSF is 2.3 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
LENZ vs LSF: side by side
| LENZ (LENZ Therapeutics, Inc.) | LSF (Laird Superfood, Inc.) | |
|---|---|---|
| 1-year return | -87.1% | -32.6% |
| 5-year return | -92.9% | -79.5% |
| Volatility (ann.) | 78.6% | 183.4% |
| Beta vs S&P 500 | 1.26 | 1.17 |
| Max drawdown (3Y) | -90.6% | -79.9% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LENZ | LSF |
|---|---|---|
| 2022 | -73.3% | -93.6% |
| 2023 | -21.1% | +8.3% |
| 2024 | +230.7% | +765.9% |
| 2025 | -44.6% | -71.8% |
| 2026 | -69.9% | +74.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LENZ and LSF good diversifiers for each other?
Reasonably. At 0.41, LENZ and LSF keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between LENZ and LSF?
As of 2026-08-27, the correlation of weekly returns between LENZ and LSF is 0.41 over 3 years, 0.33 over 1 year and 0.33 over 5 years.
Is LSF a good diversifier for LENZ?
Reasonably. At 0.41, LENZ and LSF keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 mean?
On the −1 to +1 scale, 0.41 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/lenz-vs-lsf.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lenz-vs-lsf/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LENZ correlations · LSF correlations
