DAL vs LULU: Correlation
Measured on weekly returns over the past three years, Delta Air Lines (DAL) and Lululemon Athletica (LULU) carry a correlation of 0.42, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DAL and LULU?
Across a 3-year window, the weekly returns of DAL and LULU correlate at 0.42, moderate. Recent behaviour matches the longer record: 0.45 over 1 year against 0.42 over 3. Stretching to 5 years gives 0.40, with an annualized covariance of 655.6 %².
Within DAL's tracked universe of 33 assets, LULU comes in at #22 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months DAL outperformed by 78.0 percentage points (+33.9% for DAL against -44.1% for LULU). The rolling one-year correlation moved between 0.14 and 0.56 over the past three years, a moderate range.
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.
DAL vs LULU: side by side
| DAL (Delta Air Lines) | LULU (Lululemon Athletica) | |
|---|---|---|
| 1-year return | +33.9% | -44.1% |
| 5-year return | +110.6% | -72.3% |
| Volatility (ann.) | 37.1% | 41.8% |
| Beta vs S&P 500 | 1.17 | 0.98 |
| Max drawdown (3Y) | -47.9% | -79.4% |
| Market cap | – | $13.1B |
| P/E (trailing) | 13.8 | 9.4 |
| Dividend yield | 0.94% | 0.00% |
| Sector / category | Industrials | Consumer Discretionary |
Year-by-year returns
| Year | DAL | LULU |
|---|---|---|
| 2022 | -15.9% | -18.2% |
| 2023 | +23.0% | +59.6% |
| 2024 | +52.0% | -25.2% |
| 2025 | +16.1% | -45.7% |
| 2026 | +17.8% | -44.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DAL and LULU good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DAL and LULU?
As of 2026-08-27, the correlation of weekly returns between DAL and LULU is 0.42 over 3 years, 0.45 over 1 year and 0.40 over 5 years.
Is LULU a good diversifier for DAL?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.42 mean?
On the −1 to +1 scale, 0.42 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dal-vs-lulu.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dal-vs-lulu/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DAL correlations · LULU correlations
