LMT vs SUIG: Correlation
Lockheed Martin (LMT) and Sui Group Holdings Limited (SUIG) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LMT and SUIG?
Over the past 3 years, LMT and SUIG moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.13 lands near the 3-year figure. Over 5 years the correlation is -0.18, and the annualized covariance of weekly returns is -910.9 %².
SUIG is close to the least connected end of LMT's tracked universe, ranking #25 of 29. Their recent paths diverged sharply: over the last 12 months LMT outperformed by 111.3 percentage points (+27.9% for LMT against -83.4% for SUIG). One caveat on sizing: SUIG is 6.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
LMT vs SUIG: side by side
| LMT (Lockheed Martin) | SUIG (Sui Group Holdings Limited) | |
|---|---|---|
| 1-year return | +27.9% | -83.4% |
| 5-year return | +78.9% | -88.3% |
| Volatility (ann.) | 26.0% | 162.1% |
| Beta vs S&P 500 | 0.20 | 1.61 |
| Max drawdown (3Y) | -31.8% | -89.2% |
| Market cap | $130.6B | $0.1B |
| P/E (trailing) | 20.9 | – |
| Dividend yield | 2.41% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | LMT | SUIG |
|---|---|---|
| 2022 | +40.5% | -75.1% |
| 2023 | -4.3% | +19.5% |
| 2024 | +10.0% | -20.3% |
| 2025 | +2.5% | -14.4% |
| 2026 | +18.4% | -38.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LMT and SUIG good diversifiers for each other?
Yes. With a correlation of -0.22, LMT and SUIG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between LMT and SUIG?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.13 over the last year and -0.18 over 5 years.
Is SUIG a good diversifier for LMT?
Yes. With a correlation of -0.22, LMT and SUIG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 mean?
A reading of -0.22 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/lmt-vs-suig.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lmt-vs-suig/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LMT correlations · SUIG correlations
