FITB vs LANV: Correlation
Fifth Third Bancorp (FITB) and Lanvin Group Holdings Limited (LANV) show a negative relationship: their 3-year correlation of weekly returns is -0.17.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FITB and LANV?
Across a 3-year window, the weekly returns of FITB and LANV correlate at -0.17, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.26) sits close to the 3-year figure. Stretching to 5 years gives -0.11, with an annualized covariance of -344.6 %².
Within FITB's tracked universe of 45 assets, LANV comes in at #39 by 3-year correlation. The last year tells two different stories: FITB led by 75.1 percentage points, +24.6% for FITB against -50.5% for LANV. Risk is not evenly split, since LANV carries 2.4 times the volatility of the other side.
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.
FITB vs LANV: side by side
| FITB (Fifth Third Bancorp) | LANV (Lanvin Group Holdings Limited) | |
|---|---|---|
| 1-year return | +24.6% | -50.5% |
| 5-year return | +71.2% | -89.7% |
| Volatility (ann.) | 29.4% | 69.7% |
| Beta vs S&P 500 | 1.03 | -0.15 |
| Max drawdown (3Y) | -29.9% | -78.6% |
| Market cap | $49.7B | $0.1B |
| P/E (trailing) | 18.5 | – |
| Dividend yield | 2.90% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | FITB | LANV |
|---|---|---|
| 2022 | -21.9% | -6.1% |
| 2023 | +10.4% | -67.7% |
| 2024 | +27.2% | -31.9% |
| 2025 | +14.8% | +0.0% |
| 2026 | +19.1% | -50.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FITB and LANV good diversifiers for each other?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between FITB and LANV?
As of 2026-08-27, the correlation of weekly returns between FITB and LANV is -0.17 over 3 years, -0.26 over 1 year and -0.11 over 5 years.
Is LANV a good diversifier for FITB?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.17 mean?
On the −1 to +1 scale, -0.17 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/fitb-vs-lanv.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fitb-vs-lanv/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FITB correlations · LANV correlations
