LII vs SXTC: Correlation
Measured on weekly returns over the past three years, Lennox International (LII) and China SXT Pharmaceuticals, Inc. - Class A (SXTC) carry a correlation of -0.33, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LII and SXTC?
Over the past 3 years, LII and SXTC moved with a correlation of -0.33, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.45 versus -0.33 over 3 years. Over 5 years the correlation is -0.25, and the annualized covariance of weekly returns is -73681.0 %².
Within LII's tracked universe of 37 assets, SXTC comes in at #21 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months LII outperformed by 68.1 percentage points (-30.3% for LII against -98.4% for SXTC). Note the risk asymmetry: SXTC runs 217.8 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.
LII vs SXTC: side by side
| LII (Lennox International) | SXTC (China SXT Pharmaceuticals, Inc. - Class A) | |
|---|---|---|
| 1-year return | -30.3% | -98.4% |
| 5-year return | +23.7% | -99.9% |
| Volatility (ann.) | 32.0% | 6970.7% |
| Beta vs S&P 500 | 0.96 | 6.97 |
| Max drawdown (3Y) | -41.7% | -100.0% |
| Market cap | $13.5B | – |
| P/E (trailing) | 17.5 | – |
| Dividend yield | 1.34% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | LII | SXTC |
|---|---|---|
| 2022 | -24.9% | -16.6% |
| 2023 | +89.5% | -70.7% |
| 2024 | +37.3% | -87.2% |
| 2025 | -19.5% | +215.0% |
| 2026 | -19.0% | -98.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LII and SXTC good diversifiers for each other?
Yes: at -0.33, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between LII and SXTC?
As of 2026-08-27, the correlation of weekly returns between LII and SXTC is -0.33 over 3 years, -0.45 over 1 year and -0.25 over 5 years.
Is SXTC a good diversifier for LII?
Yes: at -0.33, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.33 mean?
On the −1 to +1 scale, -0.33 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/lii-vs-sxtc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lii-vs-sxtc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LII correlations · SXTC correlations
