LILA vs LILAK: Correlation
How closely do Liberty Latin America Ltd. (LILA) and Liberty Latin America Ltd. (LILAK) trade together? Their weekly returns over three years give a correlation of 1.00, which is very strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LILA and LILAK?
Across a 3-year window, the weekly returns of LILA and LILAK correlate at 1.00, very strong, meaning they move nearly in lockstep. The relationship has been stable: the 1-year correlation (1.00) sits close to the 3-year figure. Stretching to 5 years gives 1.00, with an annualized covariance of 2475.3 %².
LILAK is one of the assets that tracks LILA most closely: it ranks #1 out of the 13 assets we track against LILA. Their 12-month results are close: +52.5% for LILA against +48.1% for LILAK.
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.
LILA vs LILAK: side by side
| LILA (Liberty Latin America Ltd.) | LILAK (Liberty Latin America Ltd.) | |
|---|---|---|
| 1-year return | +52.5% | +48.1% |
| 5-year return | -13.8% | -15.2% |
| Volatility (ann.) | 49.9% | 49.7% |
| Beta vs S&P 500 | 0.47 | 0.52 |
| Max drawdown (3Y) | -57.1% | -57.2% |
| Market cap | $1.6B | $1.6B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LILA | LILAK |
|---|---|---|
| 2022 | -35.4% | -33.3% |
| 2023 | -2.9% | -3.4% |
| 2024 | -13.0% | -13.6% |
| 2025 | +16.2% | +17.7% |
| 2026 | +65.9% | +63.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LILA and LILAK good diversifiers for each other?
No: a correlation of 1.00 means LILA and LILAK tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between LILA and LILAK?
As of 2026-08-27, the correlation of weekly returns between LILA and LILAK is 1.00 over 3 years, 1.00 over 1 year and 1.00 over 5 years.
Is LILAK a good diversifier for LILA?
No: a correlation of 1.00 means LILA and LILAK tend to fall together, which is precisely when diversification is supposed to help.
What does a correlation of 1.00 mean?
A reading of 1.00 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: LILA correlations · LILAK correlations
