LXFR vs TILE: Correlation
How closely do Luxfer Holdings PLC (LXFR) and Interface, Inc. (TILE) trade together? Their weekly returns over three years give a correlation of 0.55, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LXFR and TILE?
On 3 years of weekly data the LXFR/TILE correlation comes out at 0.55, moderate. The past 12 months show a weaker link (0.44) than the 3-year average (0.55). The 5-year figure is 0.49, and annualized covariance runs at 986.6 %².
Few assets follow LXFR as closely as TILE, which ranks #2 of 11 tracked partners. The trailing year gives TILE the advantage: +31.6% versus +40.3%, a 8.7-point spread.
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.
LXFR vs TILE: side by side
| LXFR (Luxfer Holdings PLC) | TILE (Interface, Inc.) | |
|---|---|---|
| 1-year return | +31.6% | +40.3% |
| 5-year return | -1.2% | +167.4% |
| Volatility (ann.) | 44.1% | 40.8% |
| Beta vs S&P 500 | 0.97 | 0.93 |
| Max drawdown (3Y) | -42.1% | -33.6% |
| Market cap | $0.5B | $2.2B |
| P/E (trailing) | 35.0 | 15.7 |
| Dividend yield | 3.03% | 0.26% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LXFR | TILE |
|---|---|---|
| 2022 | -26.6% | -37.9% |
| 2023 | -32.3% | +28.5% |
| 2024 | +53.9% | +93.4% |
| 2025 | +7.8% | +14.9% |
| 2026 | +30.1% | +36.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LXFR and TILE good diversifiers for each other?
Only partially. A correlation of 0.55 means LXFR and TILE 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 LXFR and TILE?
The LXFR/TILE correlation stands at 0.55 on a 3-year window (1 year: 0.44, 5 years: 0.49), computed from weekly returns as of 2026-08-27.
Is TILE a good diversifier for LXFR?
Only partially. A correlation of 0.55 means LXFR and TILE share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.55 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/lxfr-vs-tile.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lxfr-vs-tile/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LXFR correlations · TILE correlations
