GWW vs LANV: Correlation
W. W. Grainger (GWW) and Lanvin Group Holdings Limited (LANV) show a negative relationship: their 3-year correlation of weekly returns is -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GWW and LANV?
Across a 3-year window, the weekly returns of GWW and LANV correlate at -0.25, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.11) than the 3-year average (-0.25). Stretching to 5 years gives -0.17, with an annualized covariance of -402.8 %².
Among the 29 assets we track against GWW, LANV ranks #24 by 3-year correlation. The last year tells two different stories: GWW led by 81.5 percentage points, +31.0% for GWW against -50.5% for LANV. One caveat on sizing: LANV is 3.0 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
GWW vs LANV: side by side
| GWW (W. W. Grainger) | LANV (Lanvin Group Holdings Limited) | |
|---|---|---|
| 1-year return | +31.0% | -50.5% |
| 5-year return | +219.4% | -89.7% |
| Volatility (ann.) | 23.3% | 69.7% |
| Beta vs S&P 500 | 0.74 | -0.15 |
| Max drawdown (3Y) | -24.5% | -78.6% |
| Market cap | $62.2B | $0.1B |
| P/E (trailing) | 34.0 | – |
| Dividend yield | 0.69% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | GWW | LANV |
|---|---|---|
| 2022 | +8.7% | -6.1% |
| 2023 | +50.5% | -67.7% |
| 2024 | +28.2% | -31.9% |
| 2025 | -3.4% | +0.0% |
| 2026 | +31.7% | -50.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GWW and LANV good diversifiers for each other?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between GWW and LANV?
Using weekly returns as of 2026-08-27: -0.25 over 3 years, with -0.11 over the last year and -0.17 over 5 years.
Is LANV a good diversifier for GWW?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.25 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/gww-vs-lanv.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gww-vs-lanv/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GWW correlations · LANV correlations
