FSBW vs LANV: Correlation
How closely do FS Bancorp, Inc. (FSBW) and Lanvin Group Holdings Limited (LANV) trade together? Their weekly returns over three years give a correlation of -0.19, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FSBW and LANV?
Over the past 3 years, FSBW and LANV moved with a correlation of -0.19, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.21 over 1 year against -0.19 over 3. Over 5 years the correlation is -0.13, and the annualized covariance of weekly returns is -368.8 %².
Out of 23 assets tracked against FSBW, LANV lands near the bottom at #21. Their recent paths diverged sharply: over the last 12 months FSBW outperformed by 54.0 percentage points (+3.5% for FSBW against -50.5% for LANV). Note the risk asymmetry: LANV runs 2.5 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.
FSBW vs LANV: side by side
| FSBW (FS Bancorp, Inc.) | LANV (Lanvin Group Holdings Limited) | |
|---|---|---|
| 1-year return | +3.5% | -50.5% |
| 5-year return | +47.7% | -89.7% |
| Volatility (ann.) | 27.5% | 69.7% |
| Beta vs S&P 500 | 0.69 | -0.15 |
| Max drawdown (3Y) | -26.1% | -78.6% |
| Market cap | $0.3B | $0.1B |
| P/E (trailing) | 9.7 | – |
| Dividend yield | 2.69% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FSBW | LANV |
|---|---|---|
| 2022 | +2.4% | -6.1% |
| 2023 | +14.1% | -67.7% |
| 2024 | +14.3% | -31.9% |
| 2025 | +3.7% | +0.0% |
| 2026 | +5.9% | -50.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FSBW and LANV good diversifiers for each other?
Yes. With a correlation of -0.19, FSBW and LANV have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between FSBW and LANV?
Using weekly returns as of 2026-08-27: -0.19 over 3 years, with -0.21 over the last year and -0.13 over 5 years.
Is LANV a good diversifier for FSBW?
Yes. With a correlation of -0.19, FSBW and LANV have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.19 mean?
On the −1 to +1 scale, -0.19 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/fsbw-vs-lanv.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fsbw-vs-lanv/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FSBW correlations · LANV correlations
