LGL vs TDUP: Correlation
Measured on weekly returns over the past three years, LGL Group, Inc. (The) (LGL) and ThredUp Inc. (TDUP) 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 LGL and TDUP?
Over the past 3 years, LGL and TDUP moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.18 lands near the 3-year figure. Over 5 years the correlation is -0.09, and the annualized covariance of weekly returns is -805.7 %².
Among the 11 assets we track against LGL, TDUP sits near the bottom by co-movement, at rank #10. Correlation aside, the last 12 months split them widely, with LGL ahead by 91.7 points (+15.0% versus -76.7%). One caveat on sizing: TDUP is 3.7 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.
LGL vs TDUP: side by side
| LGL (LGL Group, Inc. (The)) | TDUP (ThredUp Inc.) | |
|---|---|---|
| 1-year return | +15.0% | -76.7% |
| 5-year return | +78.3% | -86.2% |
| Volatility (ann.) | 32.1% | 117.6% |
| Beta vs S&P 500 | 0.18 | 2.72 |
| Max drawdown (3Y) | -27.2% | -87.2% |
| Market cap | $0.1B | $0.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LGL | TDUP |
|---|---|---|
| 2022 | -5.8% | -89.7% |
| 2023 | +51.6% | +71.8% |
| 2024 | -2.8% | -38.2% |
| 2025 | -3.7% | +359.7% |
| 2026 | +28.2% | -58.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LGL and TDUP good diversifiers for each other?
Yes. With a correlation of -0.21, LGL and TDUP have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between LGL and TDUP?
The LGL/TDUP correlation stands at -0.21 on a 3-year window (1 year: -0.18, 5 years: -0.09), computed from weekly returns as of 2026-08-27.
Is TDUP a good diversifier for LGL?
Yes. With a correlation of -0.21, LGL and TDUP 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/lgl-vs-tdup.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lgl-vs-tdup/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LGL correlations · TDUP correlations
