CLX vs LEN: Correlation
Measured on weekly returns over the past three years, Clorox (CLX) and Lennar (LEN) carry a correlation of 0.48, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CLX and LEN?
Over the past 3 years, CLX and LEN moved with a correlation of 0.48, which is moderate. The link has tightened recently: the 1-year correlation (0.65) runs above the 3-year figure (0.48). Over 5 years the correlation is 0.41, and the annualized covariance of weekly returns is 382.7 %².
Few assets follow CLX as closely as LEN, which ranks #3 of 32 tracked partners. The last year tells two different stories: CLX led by 26.1 percentage points, -8.8% for CLX against -34.9% for LEN. On a rolling one-year basis the correlation drifted between 0.27 and 0.61, a moderate band.
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.
CLX vs LEN: side by side
| CLX (Clorox) | LEN (Lennar) | |
|---|---|---|
| 1-year return | -8.8% | -34.9% |
| 5-year return | -26.0% | -11.7% |
| Volatility (ann.) | 24.4% | 32.6% |
| Beta vs S&P 500 | 0.39 | 0.84 |
| Max drawdown (3Y) | -46.1% | -54.5% |
| Market cap | $12.5B | $20.5B |
| P/E (trailing) | 21.7 | 13.7 |
| Dividend yield | 4.77% | 2.29% |
| Sector / category | Consumer Staples | Consumer Discretionary |
Year-by-year returns
| Year | CLX | LEN |
|---|---|---|
| 2022 | -17.0% | -20.6% |
| 2023 | +5.0% | +66.9% |
| 2024 | +17.7% | -7.3% |
| 2025 | -35.6% | -20.8% |
| 2026 | +6.5% | -15.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CLX and LEN good diversifiers for each other?
Reasonably. At 0.48, CLX and LEN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CLX and LEN?
The CLX/LEN correlation stands at 0.48 on a 3-year window (1 year: 0.65, 5 years: 0.41), computed from weekly returns as of 2026-08-27.
Is LEN a good diversifier for CLX?
Reasonably. At 0.48, CLX and LEN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.48 mean?
A reading of 0.48 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/clx-vs-len.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/clx-vs-len/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CLX correlations · LEN correlations
