EL vs UBS: Correlation
Estée Lauder Companies (The) (EL) and UBS Group AG Registered (UBS) 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 EL and UBS?
On 3 years of weekly data the EL/UBS correlation comes out at 0.43, moderate. The relationship has been stable: the 1-year correlation (0.38) sits close to the 3-year figure. The 5-year figure is 0.41, and annualized covariance runs at 566.1 %².
Among the 35 assets we track against EL, UBS ranks #15 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months UBS outperformed by 22.5 percentage points (+16.4% for EL against +38.9% for UBS). Note the risk asymmetry: EL runs 1.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 UBS: side by side
| EL (Estée Lauder Companies (The)) | UBS (UBS Group AG Registered) | |
|---|---|---|
| 1-year return | +16.4% | +38.9% |
| 5-year return | -66.7% | +273.9% |
| Volatility (ann.) | 47.0% | 27.9% |
| Beta vs S&P 500 | 1.28 | 1.28 |
| Max drawdown (3Y) | -68.4% | -27.0% |
| Market cap | $38.4B | $166.4B |
| P/E (trailing) | 208.3 | 18.6 |
| Dividend yield | 1.33% | 2.02% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | EL | UBS |
|---|---|---|
| 2022 | -32.3% | +7.4% |
| 2023 | -40.1% | +69.9% |
| 2024 | -47.6% | +0.7% |
| 2025 | +42.1% | +57.7% |
| 2026 | +2.1% | +20.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EL and UBS good diversifiers for each other?
Reasonably. At 0.43, EL and UBS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between EL and UBS?
As of 2026-08-27, the correlation of weekly returns between EL and UBS is 0.43 over 3 years, 0.38 over 1 year and 0.41 over 5 years.
Is UBS a good diversifier for EL?
Reasonably. At 0.43, EL and UBS keep a meaningful degree of independence, and combining them has historically reduced portfolio 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/el-vs-ubs.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/el-vs-ubs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EL correlations · UBS correlations
