LLYVA vs LLYVK: Correlation
Liberty Live Holdings, Inc. - Series A Liberty Live Group (LLYVA) and Liberty Live Holdings, Inc. - Series C Liberty Live Group (LLYVK) show a very strong relationship: their 3-year correlation of weekly returns is 0.99.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LLYVA and LLYVK?
On 3 years of weekly data the LLYVA/LLYVK correlation comes out at 0.99, very strong, meaning they move nearly in lockstep. The relationship has been stable: the 1-year correlation (0.99) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 938.5 %².
Few assets follow LLYVA as closely as LLYVK, which ranks #1 of 12 tracked partners. Their 12-month results are close: +6.4% for LLYVA against +7.1% for LLYVK.
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.
LLYVA vs LLYVK: side by side
| LLYVA (Liberty Live Holdings, Inc. - Series A Liberty Live Group) | LLYVK (Liberty Live Holdings, Inc. - Series C Liberty Live Group) | |
|---|---|---|
| 1-year return | +6.4% | +7.1% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 30.7% | 30.9% |
| Beta vs S&P 500 | 0.99 | 0.96 |
| Max drawdown (3Y) | -24.4% | -24.1% |
| Market cap | $9.2B | $9.5B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LLYVA | LLYVK |
|---|---|---|
| 2024 | +82.1% | +82.0% |
| 2025 | +22.4% | +22.2% |
| 2026 | +22.4% | +24.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LLYVA and LLYVK good diversifiers for each other?
Not really. At 0.99, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between LLYVA and LLYVK?
The LLYVA/LLYVK correlation stands at 0.99 on a 3-year window (1 year: 0.99, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is LLYVK a good diversifier for LLYVA?
Not really. At 0.99, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.99 mean?
A reading of 0.99 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/llyva-vs-llyvk.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/llyva-vs-llyvk/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LLYVA correlations · LLYVK correlations
