EQS vs LULU: Correlation
Measured on weekly returns over the past three years, Equus Total Return, Inc. (EQS) and Lululemon Athletica (LULU) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EQS and LULU?
On 3 years of weekly data the EQS/LULU correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.22) sits close to the 3-year figure. The 5-year figure is -0.13, and annualized covariance runs at -412.2 %².
LULU is close to the least connected end of EQS's tracked universe, ranking #13 of 17. On 12-month performance LULU holds a 5.4-point edge, -49.5% against -44.1%.
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.
EQS vs LULU: side by side
| EQS (Equus Total Return, Inc.) | LULU (Lululemon Athletica) | |
|---|---|---|
| 1-year return | -49.5% | -44.1% |
| 5-year return | -58.6% | -72.3% |
| Volatility (ann.) | 47.4% | 41.8% |
| Beta vs S&P 500 | -0.16 | 0.98 |
| Max drawdown (3Y) | -58.6% | -79.4% |
| Market cap | – | $13.1B |
| P/E (trailing) | – | 9.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | EQS | LULU |
|---|---|---|
| 2022 | -39.9% | -18.2% |
| 2023 | +1.4% | +59.6% |
| 2024 | -24.1% | -25.2% |
| 2025 | +28.2% | -45.7% |
| 2026 | -27.0% | -44.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EQS and LULU good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between EQS and LULU?
The EQS/LULU correlation stands at -0.21 on a 3-year window (1 year: -0.22, 5 years: -0.13), computed from weekly returns as of 2026-08-27.
Is LULU a good diversifier for EQS?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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/eqs-vs-lulu.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/eqs-vs-lulu/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EQS correlations · LULU correlations
