LSCC vs SPY: Correlation
Lattice Semiconductor Corporation (LSCC) and SPDR S&P 500 ETF Trust (SPY) show a moderate relationship: their 3-year correlation of weekly returns is 0.54.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LSCC and SPY?
Over the past 3 years, LSCC and SPY moved with a correlation of 0.54, which is moderate. The relationship has been stable: the 1-year correlation (0.47) sits close to the 3-year figure. Over 5 years the correlation is 0.58, and the annualized covariance of weekly returns is 421.1 %².
Out of 14 assets tracked against LSCC, SPY lands near the bottom at #10. Correlation aside, the last 12 months split them widely, with LSCC ahead by 62.4 points (+83.0% versus +20.6%). Note the risk asymmetry: LSCC runs 3.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 SPY: side by side
| LSCC (Lattice Semiconductor Corporation) | SPY (SPDR S&P 500 ETF Trust) | |
|---|---|---|
| 1-year return | +83.0% | +20.6% |
| 5-year return | +92.0% | +82.4% |
| Volatility (ann.) | 53.9% | 14.5% |
| Beta vs S&P 500 | 2.02 | 1.00 |
| Max drawdown (3Y) | -61.1% | -18.8% |
| Market cap | $17.1B | – |
| P/E (trailing) | 481.9 | – |
| Dividend yield | 0.00% | 1.01% |
| Expense ratio | – | 0.09% |
| Assets under management | – | $795.3B |
| Sector / category | US Listed | ETF · US Large Cap |
SPY is a Large Blend fund from State Street Investment Management: $795.3B under management, 504 holdings, a 0.09% expense ratio, a 1.01% trailing dividend yield.
Year-by-year returns
| Year | LSCC | SPY |
|---|---|---|
| 2022 | -15.8% | -18.2% |
| 2023 | +6.3% | +26.2% |
| 2024 | -17.9% | +24.9% |
| 2025 | +29.9% | +17.7% |
| 2026 | +63.7% | +13.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LSCC and SPY good diversifiers for each other?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between LSCC and SPY?
The LSCC/SPY correlation stands at 0.54 on a 3-year window (1 year: 0.47, 5 years: 0.58), computed from weekly returns as of 2026-08-27.
Is SPY a good diversifier for LSCC?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.54 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.
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Hubs: LSCC correlations · SPY correlations
