LH vs RFI: Correlation
Measured on weekly returns over the past three years, Labcorp (LH) and Cohen & Steers Total Return Realty Fund, Inc. (RFI) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LH and RFI?
On 3 years of weekly data the LH/RFI correlation comes out at 0.47, moderate. Recent behaviour matches the longer record: 0.48 over 1 year against 0.47 over 3. The 5-year figure is 0.51, and annualized covariance runs at 181.3 %².
Within LH's tracked universe of 34 assets, RFI comes in at #12 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months LH outperformed by 18.1 percentage points (+21.8% for LH against +3.7% for RFI).
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.
LH vs RFI: side by side
| LH (Labcorp) | RFI (Cohen & Steers Total Return Realty Fund, Inc.) | |
|---|---|---|
| 1-year return | +21.8% | +3.7% |
| 5-year return | +36.0% | +5.1% |
| Volatility (ann.) | 21.4% | 18.1% |
| Beta vs S&P 500 | 0.33 | 0.57 |
| Max drawdown (3Y) | -17.4% | -16.2% |
| Market cap | $27.3B | – |
| P/E (trailing) | 27.8 | 27.1 |
| Dividend yield | 0.86% | 8.41% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | LH | RFI |
|---|---|---|
| 2022 | -24.4% | -22.1% |
| 2023 | +13.8% | +4.4% |
| 2024 | +2.2% | +6.6% |
| 2025 | +10.6% | +3.6% |
| 2026 | +34.8% | +8.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LH and RFI good diversifiers for each other?
Reasonably. At 0.47, LH and RFI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between LH and RFI?
Using weekly returns as of 2026-08-27: 0.47 over 3 years, with 0.48 over the last year and 0.51 over 5 years.
Is RFI a good diversifier for LH?
Reasonably. At 0.47, LH and RFI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.47 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/lh-vs-rfi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lh-vs-rfi/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LH correlations · RFI correlations
