LFUS vs PLXS: Correlation
Littelfuse, Inc. (LFUS) and Plexus Corp. (PLXS) show a strong relationship: their 3-year correlation of weekly returns is 0.62.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LFUS and PLXS?
On 3 years of weekly data the LFUS/PLXS correlation comes out at 0.62, strong. Little has changed lately, as the 1-year reading of 0.68 lands near the 3-year figure. The 5-year figure is 0.59, and annualized covariance runs at 724.8 %².
Among the 25 assets we track against LFUS, PLXS ranks #9 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months PLXS outperformed by 15.1 percentage points (+62.0% for LFUS against +77.1% for PLXS).
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.
LFUS vs PLXS: side by side
| LFUS (Littelfuse, Inc.) | PLXS (Plexus Corp.) | |
|---|---|---|
| 1-year return | +62.0% | +77.1% |
| 5-year return | +53.7% | +165.9% |
| Volatility (ann.) | 35.3% | 33.3% |
| Beta vs S&P 500 | 1.44 | 1.03 |
| Max drawdown (3Y) | -45.0% | -34.9% |
| Market cap | $10.7B | $6.5B |
| P/E (trailing) | – | 36.1 |
| Dividend yield | 0.72% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LFUS | PLXS |
|---|---|---|
| 2022 | -29.4% | +7.3% |
| 2023 | +22.7% | +5.1% |
| 2024 | -11.0% | +44.7% |
| 2025 | +8.6% | -6.1% |
| 2026 | +67.5% | +67.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LFUS and PLXS good diversifiers for each other?
Only partially. A correlation of 0.62 means LFUS and PLXS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between LFUS and PLXS?
Using weekly returns as of 2026-08-27: 0.62 over 3 years, with 0.68 over the last year and 0.59 over 5 years.
Is PLXS a good diversifier for LFUS?
Only partially. A correlation of 0.62 means LFUS and PLXS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.62 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
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Related comparisons
Hubs: LFUS correlations · PLXS correlations
