HAS vs RL: Correlation
Hasbro (HAS) and Ralph Lauren Corporation (RL) show a moderate relationship: their 3-year correlation of weekly returns is 0.36.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HAS and RL?
On 3 years of weekly data the HAS/RL correlation comes out at 0.36, moderate. The link has loosened recently: the 1-year correlation (0.20) runs below the 3-year figure (0.36). The 5-year figure is 0.43, and annualized covariance runs at 380.9 %².
Among the 36 assets we track against HAS, RL ranks #23 by 3-year correlation. Twelve-month performance is nearly a tie, at +19.2% for HAS and +20.7% for RL. On a rolling one-year basis the correlation drifted between 0.19 and 0.57, a moderate band.
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 RL: side by side
| HAS (Hasbro) | RL (Ralph Lauren Corporation) | |
|---|---|---|
| 1-year return | +19.2% | +20.7% |
| 5-year return | +17.1% | +232.5% |
| Volatility (ann.) | 31.7% | 33.6% |
| Beta vs S&P 500 | 0.86 | 1.07 |
| Max drawdown (3Y) | -40.3% | -36.2% |
| Market cap | $13.3B | $21.0B |
| P/E (trailing) | 17.1 | 22.8 |
| Dividend yield | 2.91% | 1.03% |
| Sector / category | Consumer Discretionary | Consumer Discretionary |
Year-by-year returns
| Year | HAS | RL |
|---|---|---|
| 2022 | -37.9% | -8.4% |
| 2023 | -11.9% | +39.8% |
| 2024 | +14.8% | +62.9% |
| 2025 | +52.5% | +55.0% |
| 2026 | +17.5% | +0.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HAS and RL good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between HAS and RL?
Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.20 over the last year and 0.43 over 5 years.
Is RL a good diversifier for HAS?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.36 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.
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Related comparisons
Hubs: HAS correlations · RL correlations
