LNTH vs LZ: Correlation
How closely do Lantheus Holdings, Inc. (LNTH) and LegalZoom.com, Inc. (LZ) trade together? Their weekly returns over three years give a correlation of -0.25, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LNTH and LZ?
Across a 3-year window, the weekly returns of LNTH and LZ correlate at -0.25, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.02) runs above the 3-year figure (-0.25). Stretching to 5 years gives -0.07, with an annualized covariance of -735.2 %².
Out of 13 assets tracked against LNTH, LZ lands near the bottom at #12. Correlation aside, the last 12 months split them widely, with LNTH ahead by 122.7 points (+76.8% versus -45.9%).
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.
LNTH vs LZ: side by side
| LNTH (Lantheus Holdings, Inc.) | LZ (LegalZoom.com, Inc.) | |
|---|---|---|
| 1-year return | +76.8% | -45.9% |
| 5-year return | +286.9% | -82.4% |
| Volatility (ann.) | 57.5% | 51.4% |
| Beta vs S&P 500 | 0.44 | 0.94 |
| Max drawdown (3Y) | -59.5% | -60.0% |
| Market cap | $6.6B | $1.0B |
| P/E (trailing) | 24.1 | 67.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LNTH | LZ |
|---|---|---|
| 2022 | +76.4% | -51.8% |
| 2023 | +21.7% | +46.0% |
| 2024 | +44.3% | -33.5% |
| 2025 | -25.6% | +32.2% |
| 2026 | +51.0% | -39.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LNTH and LZ good diversifiers for each other?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between LNTH and LZ?
The LNTH/LZ correlation stands at -0.25 on a 3-year window (1 year: -0.02, 5 years: -0.07), computed from weekly returns as of 2026-08-27.
Is LZ a good diversifier for LNTH?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.25 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
$ curl https://www.pairbook.io/api/v1/pairs/lnth-vs-lz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lnth-vs-lz/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LNTH correlations · LZ correlations
