HAS vs LEN: Correlation
How closely do Hasbro (HAS) and Lennar (LEN) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HAS and LEN?
Across a 3-year window, the weekly returns of HAS and LEN correlate at 0.37, moderate. Little has changed lately, as the 1-year reading of 0.43 lands near the 3-year figure. Stretching to 5 years gives 0.35, with an annualized covariance of 377.8 %².
Within HAS's tracked universe of 36 assets, LEN comes in at #21 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months HAS outperformed by 54.1 percentage points (+19.2% for HAS against -34.9% for LEN). The rolling one-year correlation moved between 0.19 and 0.58 over the past three years, a moderate range.
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.
HAS vs LEN: side by side
| HAS (Hasbro) | LEN (Lennar) | |
|---|---|---|
| 1-year return | +19.2% | -34.9% |
| 5-year return | +17.1% | -11.7% |
| Volatility (ann.) | 31.7% | 32.6% |
| Beta vs S&P 500 | 0.86 | 0.84 |
| Max drawdown (3Y) | -40.3% | -54.5% |
| Market cap | $13.3B | $20.5B |
| P/E (trailing) | 17.1 | 13.7 |
| Dividend yield | 2.91% | 2.29% |
| Sector / category | Consumer Discretionary | Consumer Discretionary |
Year-by-year returns
| Year | HAS | LEN |
|---|---|---|
| 2022 | -37.9% | -20.6% |
| 2023 | -11.9% | +66.9% |
| 2024 | +14.8% | -7.3% |
| 2025 | +52.5% | -20.8% |
| 2026 | +17.5% | -15.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HAS and LEN good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between HAS and LEN?
The HAS/LEN correlation stands at 0.37 on a 3-year window (1 year: 0.43, 5 years: 0.35), computed from weekly returns as of 2026-08-27.
Is LEN a good diversifier for HAS?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.37 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/has-vs-len.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/has-vs-len/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HAS correlations · LEN correlations
