LSCC vs ON: Correlation
Measured on weekly returns over the past three years, Lattice Semiconductor Corporation (LSCC) and ON Semiconductor (ON) carry a correlation of 0.57, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LSCC and ON?
On 3 years of weekly data the LSCC/ON correlation comes out at 0.57, moderate. Little has changed lately, as the 1-year reading of 0.66 lands near the 3-year figure. The 5-year figure is 0.65, and annualized covariance runs at 1512.7 %².
By 3-year correlation, ON places #7 of the 14 assets tracked against LSCC. The last year tells two different stories: LSCC led by 37.0 percentage points, +83.0% for LSCC against +46.0% for ON.
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.
LSCC vs ON: side by side
| LSCC (Lattice Semiconductor Corporation) | ON (ON Semiconductor) | |
|---|---|---|
| 1-year return | +83.0% | +46.0% |
| 5-year return | +92.0% | +65.2% |
| Volatility (ann.) | 53.9% | 49.2% |
| Beta vs S&P 500 | 2.02 | 1.61 |
| Max drawdown (3Y) | -61.1% | -67.9% |
| Market cap | $17.1B | $29.1B |
| P/E (trailing) | 481.9 | 47.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | LSCC | ON |
|---|---|---|
| 2022 | -15.8% | -8.2% |
| 2023 | +6.3% | +33.9% |
| 2024 | -17.9% | -24.5% |
| 2025 | +29.9% | -14.1% |
| 2026 | +63.7% | +38.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LSCC and ON good diversifiers for each other?
Somewhat, no more. With 0.57 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between LSCC and ON?
As of 2026-08-27, the correlation of weekly returns between LSCC and ON is 0.57 over 3 years, 0.66 over 1 year and 0.65 over 5 years.
Is ON a good diversifier for LSCC?
Somewhat, no more. With 0.57 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.57 mean?
On the −1 to +1 scale, 0.57 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/lscc-vs-on.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lscc-vs-on/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LSCC correlations · ON correlations
