LSTR vs UPS: Correlation
Measured on weekly returns over the past three years, Landstar System, Inc. (LSTR) and United Parcel Service (UPS) 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 LSTR and UPS?
Across a 3-year window, the weekly returns of LSTR and UPS correlate at 0.53, moderate. Little has changed lately, as the 1-year reading of 0.50 lands near the 3-year figure. Stretching to 5 years gives 0.55, with an annualized covariance of 438.2 %².
By 3-year correlation, UPS places #13 of the 23 assets tracked against LSTR. Over the last 12 months LSTR came out ahead by 11.7 percentage points (+39.9% against +28.2%).
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.
LSTR vs UPS: side by side
| LSTR (Landstar System, Inc.) | UPS (United Parcel Service) | |
|---|---|---|
| 1-year return | +39.9% | +28.2% |
| 5-year return | +17.0% | -31.0% |
| Volatility (ann.) | 28.2% | 29.4% |
| Beta vs S&P 500 | 0.83 | 0.81 |
| Max drawdown (3Y) | -37.5% | -46.5% |
| Market cap | $6.2B | $89.9B |
| P/E (trailing) | 47.0 | 19.6 |
| Dividend yield | 0.88% | 6.21% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | LSTR | UPS |
|---|---|---|
| 2022 | -7.3% | -16.2% |
| 2023 | +21.2% | -6.0% |
| 2024 | -9.7% | -15.9% |
| 2025 | -14.4% | -15.9% |
| 2026 | +29.2% | +11.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LSTR and UPS good diversifiers for each other?
Only partially. A correlation of 0.53 means LSTR and UPS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between LSTR and UPS?
As of 2026-08-27, the correlation of weekly returns between LSTR and UPS is 0.53 over 3 years, 0.50 over 1 year and 0.55 over 5 years.
Is UPS a good diversifier for LSTR?
Only partially. A correlation of 0.53 means LSTR and UPS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
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
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Related comparisons
Hubs: LSTR correlations · UPS correlations
