LESL vs VPG: Correlation
How closely do Leslie's, Inc. (LESL) and Vishay Precision Group, Inc. (VPG) trade together? Their weekly returns over three years give a correlation of 0.39, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LESL and VPG?
On 3 years of weekly data the LESL/VPG correlation comes out at 0.39, moderate. Recent behaviour matches the longer record: 0.46 over 1 year against 0.39 over 3. The 5-year figure is 0.39, and annualized covariance runs at 2703.7 %².
Within LESL's tracked universe of 11 assets, VPG comes in at #4 by 3-year correlation. The last year tells two different stories: VPG led by 218.6 percentage points, -92.4% for LESL against +126.2% for VPG. One caveat on sizing: LESL 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.
LESL vs VPG: side by side
| LESL (Leslie's, Inc.) | VPG (Vishay Precision Group, Inc.) | |
|---|---|---|
| 1-year return | -92.4% | +126.2% |
| 5-year return | -99.9% | +76.6% |
| Volatility (ann.) | 125.8% | 54.8% |
| Beta vs S&P 500 | 1.83 | 1.32 |
| Max drawdown (3Y) | -99.7% | -58.5% |
| Market cap | – | $0.9B |
| P/E (trailing) | – | 213.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LESL | VPG |
|---|---|---|
| 2022 | -48.4% | +4.1% |
| 2023 | -43.4% | -11.8% |
| 2024 | -67.7% | -31.1% |
| 2025 | -96.3% | +64.0% |
| 2026 | -67.7% | +72.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LESL and VPG good diversifiers for each other?
Reasonably. At 0.39, LESL and VPG keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between LESL and VPG?
As of 2026-08-27, the correlation of weekly returns between LESL and VPG is 0.39 over 3 years, 0.46 over 1 year and 0.39 over 5 years.
Is VPG a good diversifier for LESL?
Reasonably. At 0.39, LESL and VPG keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.39 mean?
On the −1 to +1 scale, 0.39 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.
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Related comparisons
Hubs: LESL correlations · VPG correlations
