JILL vs LAKE: Correlation
How closely do J. Jill, Inc. (JILL) and Lakeland Industries, Inc. (LAKE) trade together? Their weekly returns over three years give a correlation of 0.41, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JILL and LAKE?
Over the past 3 years, JILL and LAKE moved with a correlation of 0.41, which is moderate. The relationship has been stable: the 1-year correlation (0.33) sits close to the 3-year figure. Over 5 years the correlation is 0.33, and the annualized covariance of weekly returns is 1076.8 %².
Among the 14 assets we track against JILL, LAKE ranks #6 by 3-year correlation. The last year tells two different stories: JILL led by 41.3 percentage points, +18.8% for JILL against -22.5% for LAKE.
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.
JILL vs LAKE: side by side
| JILL (J. Jill, Inc.) | LAKE (Lakeland Industries, Inc.) | |
|---|---|---|
| 1-year return | +18.8% | -22.5% |
| 5-year return | -1.2% | -49.3% |
| Volatility (ann.) | 47.4% | 55.0% |
| Beta vs S&P 500 | 1.17 | 1.32 |
| Max drawdown (3Y) | -71.5% | -71.2% |
| Market cap | $0.3B | $0.1B |
| P/E (trailing) | 14.5 | – |
| Dividend yield | 1.66% | 0.76% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JILL | LAKE |
|---|---|---|
| 2022 | +29.3% | -38.7% |
| 2023 | +4.0% | +40.6% |
| 2024 | +7.9% | +38.7% |
| 2025 | -49.3% | -65.2% |
| 2026 | +46.5% | +35.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JILL and LAKE good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between JILL and LAKE?
As of 2026-08-27, the correlation of weekly returns between JILL and LAKE is 0.41 over 3 years, 0.33 over 1 year and 0.33 over 5 years.
Is LAKE a good diversifier for JILL?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.41 mean?
On the −1 to +1 scale, 0.41 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/jill-vs-lake.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/jill-vs-lake/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: JILL correlations · LAKE correlations
