LIF vs QUAL: Correlation
Life360, Inc. (LIF) and iShares MSCI USA Quality Factor ETF (QUAL) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LIF and QUAL?
On 3 years of weekly data the LIF/QUAL correlation comes out at 0.50, moderate. Little has changed lately, as the 1-year reading of 0.43 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 449.2 %².
By 3-year correlation, QUAL places #4 of the 20 assets tracked against LIF. The last year tells two different stories: QUAL led by 71.1 percentage points, -51.4% for LIF against +19.7% for QUAL. Note the risk asymmetry: LIF runs 4.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
LIF vs QUAL: side by side
| LIF (Life360, Inc.) | QUAL (iShares MSCI USA Quality Factor ETF) | |
|---|---|---|
| 1-year return | -51.4% | +19.7% |
| 5-year return | n/a | +68.0% |
| Volatility (ann.) | 63.6% | 14.0% |
| Beta vs S&P 500 | 2.18 | 0.93 |
| Max drawdown (3Y) | -65.6% | -18.0% |
| Market cap | $3.6B | – |
| P/E (trailing) | 25.1 | – |
| Dividend yield | 0.00% | 0.86% |
| Expense ratio | – | 0.15% |
| Assets under management | – | $46.5B |
| Sector / category | US Listed | ETF · US Style |
QUAL, iShares's Large Blend fund, carries $46.5B under management, 123 holdings, a 0.15% expense ratio, a 0.86% trailing dividend yield.
Year-by-year returns
| Year | LIF | QUAL |
|---|---|---|
| 2022 | – | -20.5% |
| 2023 | – | +30.9% |
| 2024 | – | +22.3% |
| 2025 | +55.4% | +12.7% |
| 2026 | -31.0% | +13.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LIF and QUAL good diversifiers for each other?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between LIF and QUAL?
The LIF/QUAL correlation stands at 0.50 on a 3-year window (1 year: 0.43, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is QUAL a good diversifier for LIF?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.50 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/lif-vs-qual.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lif-vs-qual/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LIF correlations · QUAL correlations
