LSPD vs TROW: Correlation
Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD) and T. Rowe Price (TROW) show a strong relationship: their 3-year correlation of weekly returns is 0.60.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LSPD and TROW?
On 3 years of weekly data the LSPD/TROW correlation comes out at 0.60, strong. Recent behaviour matches the longer record: 0.55 over 1 year against 0.60 over 3. The 5-year figure is 0.59, and annualized covariance runs at 679.4 %².
In LSPD's tracked universe of 17 assets, TROW sits right near the top at #2. Correlation aside, the last 12 months split them widely, with TROW ahead by 19.7 points (-11.6% versus +8.1%). One caveat on sizing: LSPD is 2.0 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.
LSPD vs TROW: side by side
| LSPD (Lightspeed Commerce Inc. Subordinate Voting Shares) | TROW (T. Rowe Price) | |
|---|---|---|
| 1-year return | -11.6% | +8.1% |
| 5-year return | -90.0% | -37.0% |
| Volatility (ann.) | 48.1% | 23.5% |
| Beta vs S&P 500 | 1.83 | 1.10 |
| Max drawdown (3Y) | -62.7% | -34.0% |
| Market cap | $1.4B | $24.0B |
| P/E (trailing) | – | 11.3 |
| Dividend yield | 0.00% | 4.57% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | LSPD | TROW |
|---|---|---|
| 2022 | -64.6% | -42.2% |
| 2023 | +46.8% | +3.4% |
| 2024 | -27.4% | +9.7% |
| 2025 | -20.7% | -4.7% |
| 2026 | -10.7% | +12.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LSPD and TROW good diversifiers for each other?
Somewhat, no more. With 0.60 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between LSPD and TROW?
Using weekly returns as of 2026-08-27: 0.60 over 3 years, with 0.55 over the last year and 0.59 over 5 years.
Is TROW a good diversifier for LSPD?
Somewhat, no more. With 0.60 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.60 mean?
On the −1 to +1 scale, 0.60 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/lspd-vs-trow.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lspd-vs-trow/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LSPD correlations · TROW correlations
