LRCX vs MOBX: Correlation
How closely do Lam Research (LRCX) and Mobix Labs, Inc. (MOBX) trade together? Their weekly returns over three years give a correlation of -0.19, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LRCX and MOBX?
On 3 years of weekly data the LRCX/MOBX correlation comes out at -0.19, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.35) runs below the 3-year figure (-0.19). The 5-year figure is -0.15, and annualized covariance runs at -2986.4 %².
Within LRCX's tracked universe of 36 assets, MOBX comes in at #27 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months LRCX outperformed by 297.0 percentage points (+209.0% for LRCX against -88.0% for MOBX). One caveat on sizing: MOBX is 7.1 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.
LRCX vs MOBX: side by side
| LRCX (Lam Research) | MOBX (Mobix Labs, Inc.) | |
|---|---|---|
| 1-year return | +209.0% | -88.0% |
| 5-year return | +452.0% | -98.8% |
| Volatility (ann.) | 46.7% | 333.1% |
| Beta vs S&P 500 | 2.03 | -0.62 |
| Max drawdown (3Y) | -47.1% | -99.1% |
| Market cap | $398.6B | – |
| P/E (trailing) | 54.4 | – |
| Dividend yield | 0.33% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | LRCX | MOBX |
|---|---|---|
| 2022 | -40.7% | +3.8% |
| 2023 | +88.6% | -60.6% |
| 2024 | -6.8% | -57.7% |
| 2025 | +139.2% | -84.3% |
| 2026 | +86.5% | -57.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LRCX and MOBX good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between LRCX and MOBX?
As of 2026-08-27, the correlation of weekly returns between LRCX and MOBX is -0.19 over 3 years, -0.35 over 1 year and -0.15 over 5 years.
Is MOBX a good diversifier for LRCX?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 mean?
On the −1 to +1 scale, -0.19 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/lrcx-vs-mobx.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lrcx-vs-mobx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LRCX correlations · MOBX correlations
