EL vs LGI: Correlation
Estée Lauder Companies (The) (EL) and Lazard Global Total Return and Income Fund (LGI) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EL and LGI?
Across a 3-year window, the weekly returns of EL and LGI correlate at 0.44, moderate. The relationship has been stable: the 1-year correlation (0.44) sits close to the 3-year figure. Stretching to 5 years gives 0.50, with an annualized covariance of 373.6 %².
By 3-year correlation, LGI places #11 of the 35 assets tracked against EL. Twelve-month performance is nearly a tie, at +16.4% for EL and +15.3% for LGI. One caveat on sizing: EL is 2.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
EL vs LGI: side by side
| EL (Estée Lauder Companies (The)) | LGI (Lazard Global Total Return and Income Fund) | |
|---|---|---|
| 1-year return | +16.4% | +15.3% |
| 5-year return | -66.7% | +38.1% |
| Volatility (ann.) | 47.0% | 18.2% |
| Beta vs S&P 500 | 1.28 | 0.97 |
| Max drawdown (3Y) | -68.4% | -22.0% |
| Market cap | $38.4B | – |
| P/E (trailing) | 208.3 | 7.2 |
| Dividend yield | 1.33% | 9.55% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | EL | LGI |
|---|---|---|
| 2022 | -32.3% | -20.6% |
| 2023 | -40.1% | +12.8% |
| 2024 | -47.6% | +14.4% |
| 2025 | +42.1% | +21.3% |
| 2026 | +2.1% | +13.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EL and LGI good diversifiers for each other?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between EL and LGI?
As of 2026-08-27, the correlation of weekly returns between EL and LGI is 0.44 over 3 years, 0.44 over 1 year and 0.50 over 5 years.
Is LGI a good diversifier for EL?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.44 mean?
A reading of 0.44 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/el-vs-lgi.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/el-vs-lgi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EL correlations · LGI correlations
