FAST vs LANV: Correlation
Measured on weekly returns over the past three years, Fastenal (FAST) and Lanvin Group Holdings Limited (LANV) carry a correlation of -0.27, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FAST and LANV?
Over the past 3 years, FAST and LANV moved with a correlation of -0.27, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.33 over 1 year against -0.27 over 3. Over 5 years the correlation is -0.15, and the annualized covariance of weekly returns is -458.3 %².
LANV is close to the least connected end of FAST's tracked universe, ranking #33 of 33. Their recent paths diverged sharply: over the last 12 months FAST outperformed by 54.6 percentage points (+4.1% for FAST against -50.5% for LANV). Note the risk asymmetry: LANV runs 2.9 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.
FAST vs LANV: side by side
| FAST (Fastenal) | LANV (Lanvin Group Holdings Limited) | |
|---|---|---|
| 1-year return | +4.1% | -50.5% |
| 5-year return | +105.5% | -89.7% |
| Volatility (ann.) | 24.0% | 69.7% |
| Beta vs S&P 500 | 0.63 | -0.15 |
| Max drawdown (3Y) | -21.9% | -78.6% |
| Market cap | $58.7B | $0.1B |
| P/E (trailing) | 43.7 | – |
| Dividend yield | 1.80% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | FAST | LANV |
|---|---|---|
| 2022 | -24.3% | -6.1% |
| 2023 | +41.3% | -67.7% |
| 2024 | +13.5% | -31.9% |
| 2025 | +14.0% | +0.0% |
| 2026 | +29.5% | -50.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FAST and LANV good diversifiers for each other?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between FAST and LANV?
As of 2026-08-27, the correlation of weekly returns between FAST and LANV is -0.27 over 3 years, -0.33 over 1 year and -0.15 over 5 years.
Is LANV a good diversifier for FAST?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.27 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/fast-vs-lanv.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fast-vs-lanv/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FAST correlations · LANV correlations
