LILA vs MBC: Correlation
Liberty Latin America Ltd. (LILA) and MasterBrand, Inc. (MBC) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LILA and MBC?
Over the past 3 years, LILA and MBC moved with a correlation of 0.41, which is moderate. The relationship has been stable: the 1-year correlation (0.36) sits close to the 3-year figure. Over 5 years the correlation is 0.34, and the annualized covariance of weekly returns is 903.3 %².
By 3-year correlation, MBC places #5 of the 13 assets tracked against LILA. Correlation aside, the last 12 months split them widely, with LILA ahead by 86.3 points (+52.5% versus -33.8%).
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 MBC: side by side
| LILA (Liberty Latin America Ltd.) | MBC (MasterBrand, Inc.) | |
|---|---|---|
| 1-year return | +52.5% | -33.8% |
| 5-year return | -13.8% | n/a |
| Volatility (ann.) | 49.9% | 43.7% |
| Beta vs S&P 500 | 0.47 | 1.16 |
| Max drawdown (3Y) | -57.1% | -64.7% |
| Market cap | $1.6B | $1.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LILA | MBC |
|---|---|---|
| 2022 | -35.4% | – |
| 2023 | -2.9% | +96.7% |
| 2024 | -13.0% | -1.6% |
| 2025 | +16.2% | -24.4% |
| 2026 | +65.9% | -21.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LILA and MBC good diversifiers for each other?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between LILA and MBC?
As of 2026-08-27, the correlation of weekly returns between LILA and MBC is 0.41 over 3 years, 0.36 over 1 year and 0.34 over 5 years.
Is MBC a good diversifier for LILA?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.41 mean?
On the −1 to +1 scale, 0.41 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/lila-vs-mbc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lila-vs-mbc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LILA correlations · MBC correlations
