EXEL vs LANV: Correlation
Exelixis, Inc. (EXEL) and Lanvin Group Holdings Limited (LANV) show a negative relationship: their 3-year correlation of weekly returns is -0.29.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EXEL and LANV?
On 3 years of weekly data the EXEL/LANV correlation comes out at -0.29, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.05 versus -0.29 over 3 years. The 5-year figure is -0.15, and annualized covariance runs at -702.5 %².
Out of 11 assets tracked against EXEL, LANV lands near the bottom at #10. Correlation aside, the last 12 months split them widely, with EXEL ahead by 94.0 points (+43.5% versus -50.5%). Note the risk asymmetry: LANV runs 2.0 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.
EXEL vs LANV: side by side
| EXEL (Exelixis, Inc.) | LANV (Lanvin Group Holdings Limited) | |
|---|---|---|
| 1-year return | +43.5% | -50.5% |
| 5-year return | +186.9% | -89.7% |
| Volatility (ann.) | 34.8% | 69.7% |
| Beta vs S&P 500 | 0.78 | -0.15 |
| Max drawdown (3Y) | -25.3% | -78.6% |
| Market cap | $13.7B | $0.1B |
| P/E (trailing) | 17.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EXEL | LANV |
|---|---|---|
| 2022 | -12.3% | -6.1% |
| 2023 | +49.6% | -67.7% |
| 2024 | +38.8% | -31.9% |
| 2025 | +31.6% | +0.0% |
| 2026 | +26.1% | -50.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EXEL and LANV good diversifiers for each other?
Yes. With a correlation of -0.29, EXEL and LANV have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between EXEL and LANV?
The EXEL/LANV correlation stands at -0.29 on a 3-year window (1 year: -0.05, 5 years: -0.15), computed from weekly returns as of 2026-08-27.
Is LANV a good diversifier for EXEL?
Yes. With a correlation of -0.29, EXEL and LANV have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.29 mean?
On the −1 to +1 scale, -0.29 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/exel-vs-lanv.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/exel-vs-lanv/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EXEL correlations · LANV correlations
