LRCX vs NVDA: Correlation
Measured on weekly returns over the past three years, Lam Research (LRCX) and Nvidia (NVDA) carry a correlation of 0.53, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LRCX and NVDA?
Across a 3-year window, the weekly returns of LRCX and NVDA correlate at 0.53, moderate. The link has loosened recently: the 1-year correlation (0.36) runs below the 3-year figure (0.53). Stretching to 5 years gives 0.62, with an annualized covariance of 1107.0 %².
By 3-year correlation, NVDA places #24 of the 36 assets tracked against LRCX. Their recent paths diverged sharply: over the last 12 months LRCX outperformed by 183.3 percentage points (+209.0% for LRCX against +25.7% for NVDA). The rolling one-year correlation moved between 0.32 and 0.72 over the past three years, a moderate range.
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 NVDA: side by side
| LRCX (Lam Research) | NVDA (Nvidia) | |
|---|---|---|
| 1-year return | +209.0% | +25.7% |
| 5-year return | +452.0% | +908.3% |
| Volatility (ann.) | 46.7% | 44.5% |
| Beta vs S&P 500 | 2.03 | 2.18 |
| Max drawdown (3Y) | -47.1% | -36.9% |
| Market cap | $398.6B | $5,505.0B |
| P/E (trailing) | 54.4 | 32.2 |
| Dividend yield | 0.33% | 0.00% |
| Sector / category | Information Technology | Information Technology |
Year-by-year returns
| Year | LRCX | NVDA |
|---|---|---|
| 2022 | -40.7% | -50.3% |
| 2023 | +88.6% | +239.0% |
| 2024 | -6.8% | +171.2% |
| 2025 | +139.2% | +38.9% |
| 2026 | +86.5% | +22.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LRCX and NVDA good diversifiers for each other?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between LRCX and NVDA?
As of 2026-08-27, the correlation of weekly returns between LRCX and NVDA is 0.53 over 3 years, 0.36 over 1 year and 0.62 over 5 years.
Is NVDA a good diversifier for LRCX?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.53 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/lrcx-vs-nvda.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lrcx-vs-nvda/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LRCX correlations · NVDA correlations
