LFUS vs SNEX: Correlation
How closely do Littelfuse, Inc. (LFUS) and StoneX Group Inc. (SNEX) trade together? Their weekly returns over three years give a correlation of 0.53, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LFUS and SNEX?
On 3 years of weekly data the LFUS/SNEX correlation comes out at 0.53, moderate. Little has changed lately, as the 1-year reading of 0.62 lands near the 3-year figure. The 5-year figure is 0.43, and annualized covariance runs at 695.6 %².
Within LFUS's tracked universe of 25 assets, SNEX comes in at #16 by 3-year correlation. The trailing year gives LFUS the advantage: +62.0% versus +53.8%, a 8.2-point spread.
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 SNEX: side by side
| LFUS (Littelfuse, Inc.) | SNEX (StoneX Group Inc.) | |
|---|---|---|
| 1-year return | +62.0% | +53.8% |
| 5-year return | +53.7% | +414.2% |
| Volatility (ann.) | 35.3% | 37.4% |
| Beta vs S&P 500 | 1.44 | 0.90 |
| Max drawdown (3Y) | -45.0% | -30.2% |
| Market cap | $10.7B | $8.2B |
| P/E (trailing) | – | 18.7 |
| Dividend yield | 0.72% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LFUS | SNEX |
|---|---|---|
| 2022 | -29.4% | +55.6% |
| 2023 | +22.7% | +16.2% |
| 2024 | -11.0% | +32.7% |
| 2025 | +8.6% | +45.7% |
| 2026 | +67.5% | +61.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LFUS and SNEX good diversifiers for each other?
Only partially. A correlation of 0.53 means LFUS and SNEX 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 SNEX?
Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.62 over the last year and 0.43 over 5 years.
Is SNEX a good diversifier for LFUS?
Only partially. A correlation of 0.53 means LFUS and SNEX share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.53 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
$ curl https://www.pairbook.io/api/v1/pairs/lfus-vs-snex.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lfus-vs-snex/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LFUS correlations · SNEX correlations
