LLY vs PRDO: Correlation
Measured on weekly returns over the past three years, Lilly (Eli) (LLY) and Perdoceo Education Corporation (PRDO) carry a correlation of -0.20, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LLY and PRDO?
Over the past 3 years, LLY and PRDO moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.03) runs above the 3-year figure (-0.20). Over 5 years the correlation is -0.08, and the annualized covariance of weekly returns is -267.0 %².
Among the 29 assets we track against LLY, PRDO ranks #24 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months LLY outperformed by 56.3 percentage points (+61.2% for LLY against +4.9% for PRDO).
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.
LLY vs PRDO: side by side
| LLY (Lilly (Eli)) | PRDO (Perdoceo Education Corporation) | |
|---|---|---|
| 1-year return | +61.2% | +4.9% |
| 5-year return | +369.2% | +228.8% |
| Volatility (ann.) | 36.6% | 36.8% |
| Beta vs S&P 500 | 0.57 | 0.42 |
| Max drawdown (3Y) | -34.5% | -27.2% |
| Market cap | $1,048.8B | $2.1B |
| P/E (trailing) | 40.0 | 12.2 |
| Dividend yield | 0.54% | 1.85% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | LLY | PRDO |
|---|---|---|
| 2022 | +34.3% | +18.2% |
| 2023 | +60.9% | +28.0% |
| 2024 | +33.3% | +54.0% |
| 2025 | +40.2% | +12.9% |
| 2026 | +10.0% | +16.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LLY and PRDO good diversifiers for each other?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
FAQ
What is the correlation between LLY and PRDO?
The LLY/PRDO correlation stands at -0.20 on a 3-year window (1 year: -0.03, 5 years: -0.08), computed from weekly returns as of 2026-08-27.
Is PRDO a good diversifier for LLY?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
What does a correlation of -0.20 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
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Related comparisons
Hubs: LLY correlations · PRDO correlations
