LILAK vs MBC: Correlation
Liberty Latin America Ltd. (LILAK) and MasterBrand, Inc. (MBC) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LILAK and MBC?
Across a 3-year window, the weekly returns of LILAK and MBC correlate at 0.42, moderate. Little has changed lately, as the 1-year reading of 0.37 lands near the 3-year figure. Stretching to 5 years gives 0.34, with an annualized covariance of 908.2 %².
Few assets follow LILAK as closely as MBC, which ranks #3 of 13 tracked partners. Correlation aside, the last 12 months split them widely, with LILAK ahead by 81.9 points (+48.1% 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.
LILAK vs MBC: side by side
| LILAK (Liberty Latin America Ltd.) | MBC (MasterBrand, Inc.) | |
|---|---|---|
| 1-year return | +48.1% | -33.8% |
| 5-year return | -15.2% | n/a |
| Volatility (ann.) | 49.7% | 43.7% |
| Beta vs S&P 500 | 0.52 | 1.16 |
| Max drawdown (3Y) | -57.2% | -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 | LILAK | MBC |
|---|---|---|
| 2022 | -33.3% | – |
| 2023 | -3.4% | +96.7% |
| 2024 | -13.6% | -1.6% |
| 2025 | +17.7% | -24.4% |
| 2026 | +63.2% | -21.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LILAK and MBC good diversifiers for each other?
Reasonably. At 0.42, LILAK and MBC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between LILAK and MBC?
Using weekly returns as of 2026-08-27: 0.42 over 3 years, with 0.37 over the last year and 0.34 over 5 years.
Is MBC a good diversifier for LILAK?
Reasonably. At 0.42, LILAK and MBC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 mean?
On the −1 to +1 scale, 0.42 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/lilak-vs-mbc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lilak-vs-mbc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LILAK correlations · MBC correlations
