COTY vs EL: Correlation
Coty Inc. (COTY) and Estée Lauder Companies (The) (EL) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COTY and EL?
Over the past 3 years, COTY and EL moved with a correlation of 0.43, which is moderate. Recent behaviour matches the longer record: 0.47 over 1 year against 0.43 over 3. Over 5 years the correlation is 0.46, and the annualized covariance of weekly returns is 858.1 %².
Among the 10 assets we track against COTY, EL ranks #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months EL outperformed by 50.7 percentage points (-34.3% for COTY against +16.4% for EL).
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.
COTY vs EL: side by side
| COTY (Coty Inc.) | EL (Estée Lauder Companies (The)) | |
|---|---|---|
| 1-year return | -34.3% | +16.4% |
| 5-year return | -71.0% | -66.7% |
| Volatility (ann.) | 42.5% | 47.0% |
| Beta vs S&P 500 | 1.08 | 1.28 |
| Max drawdown (3Y) | -86.0% | -68.4% |
| Market cap | $2.4B | $38.4B |
| P/E (trailing) | – | 208.3 |
| Dividend yield | 0.00% | 1.33% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | COTY | EL |
|---|---|---|
| 2022 | -18.5% | -32.3% |
| 2023 | +45.1% | -40.1% |
| 2024 | -44.0% | -47.6% |
| 2025 | -55.7% | +42.1% |
| 2026 | -10.4% | +2.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COTY and EL good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between COTY and EL?
As of 2026-08-27, the correlation of weekly returns between COTY and EL is 0.43 over 3 years, 0.47 over 1 year and 0.46 over 5 years.
Is EL a good diversifier for COTY?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.43 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/coty-vs-el.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/coty-vs-el/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: COTY correlations · EL correlations
