LMT correlations (Lockheed Martin)
Which assets move with LMT and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Industrials · Aerospace & Defense
Volatility (ann.)
26.0%
3y weekly
Beta vs S&P 500
0.20
3y weekly
1-year return
+27.9%
price, adjusted
5-year return
+78.9%
price, adjusted
Market cap
$130.6B
latest
P/E ratio
20.9
trailing
Dividend yield
2.41%
trailing
Max drawdown
-31.8%
3y, daily closes
LMT over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with LMT
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| NOC | Northrop Grumman | 0.63 | |
| LHX | L3Harris | 0.58 | |
| HII | Huntington Ingalls Industries | 0.54 | |
| RTX | RTX Corporation | 0.50 | |
| GD | General Dynamics | 0.48 | |
| DRS | Leonardo DRS, Inc. | 0.48 | |
| KTOS | Kratos Defense & Security Solutions, Inc. | 0.42 | |
| MRCY | Mercury Systems Inc | 0.40 | |
| TXT | Textron | 0.35 | |
| SAFT | Safety Insurance Group, Inc. | 0.35 | |
| LOAR | Loar Holdings Inc. | 0.35 | |
| CIIT | Tianci International, Inc. | 0.34 | |
| TDY | Teledyne Technologies | 0.34 | |
| HON | Honeywell Technologies | 0.34 | |
| ESLT | Elbit Systems Ltd. | 0.34 |
Best diversifiers for LMT
The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from LMT.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| MXL | MaxLinear, Inc | -0.26 | |
| TRT | Trio-Tech International | -0.24 | |
| EW | Edwards Lifesciences | -0.23 | |
| HIMS | Hims & Hers Health, Inc. | -0.23 | |
| APPF | AppFolio, Inc. | -0.22 | |
| SUIG | Sui Group Holdings Limited | -0.22 | |
| EUDA | Euda Health Holdings Limited | -0.21 | |
| INV | Innventure, Inc. | -0.20 | |
| NPCE | Neuropace, Inc. | -0.20 | |
| FIRY | Firy Inc. | -0.20 |
LMT vs benchmarks
LMT vs its peers
Get LMT data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/lmt.jsonCorrelations, diversifiers, beta and volatility for LMT, plus one endpoint per pair. API documentation.
LMT inside major ETFs
| ETF | LMT weight | |
|---|---|---|
| SCHD | Schwab US Dividend Equity ETF | 2.79% |
| XLI | Industrial Select Sector SPDR Fund | 2.02% |
| QUAL | iShares MSCI USA Quality Factor ETF | 0.91% |
| USMV | iShares MSCI USA Min Vol Factor ETF | 0.81% |
| DGRO | iShares Core Dividend Growth ETF | 0.62% |
| VIG | Vanguard Dividend Appreciation ETF | 0.51% |
| VTV | Vanguard Value ETF | 0.5% |
| VYM | Vanguard High Dividend Yield ETF | 0.48% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.38% |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.2% |
