JLL vs WHG: Correlation
Measured on weekly returns over the past three years, Jones Lang LaSalle Incorporated (JLL) and Westwood Holdings Group Inc (WHG) carry a correlation of 0.41, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JLL and WHG?
On 3 years of weekly data the JLL/WHG correlation comes out at 0.41, moderate. Recent behaviour matches the longer record: 0.35 over 1 year against 0.41 over 3. The 5-year figure is 0.35, and annualized covariance runs at 479.3 %².
By 3-year correlation, WHG places #21 of the 26 assets tracked against JLL. On 12-month performance JLL holds a 9.4-point edge, +23.8% against +14.4%.
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.
JLL vs WHG: side by side
| JLL (Jones Lang LaSalle Incorporated) | WHG (Westwood Holdings Group Inc) | |
|---|---|---|
| 1-year return | +23.8% | +14.4% |
| 5-year return | +55.9% | +12.6% |
| Volatility (ann.) | 34.9% | 33.1% |
| Beta vs S&P 500 | 1.30 | 0.61 |
| Max drawdown (3Y) | -30.6% | -21.2% |
| Market cap | $17.4B | $0.2B |
| P/E (trailing) | 18.5 | 22.8 |
| Dividend yield | 0.00% | 3.02% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JLL | WHG |
|---|---|---|
| 2022 | -40.8% | -31.4% |
| 2023 | +18.5% | +19.0% |
| 2024 | +34.0% | +20.9% |
| 2025 | +32.9% | +23.1% |
| 2026 | +12.6% | +17.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JLL and WHG good diversifiers for each other?
Reasonably. At 0.41, JLL and WHG keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between JLL and WHG?
As of 2026-08-27, the correlation of weekly returns between JLL and WHG is 0.41 over 3 years, 0.35 over 1 year and 0.35 over 5 years.
Is WHG a good diversifier for JLL?
Reasonably. At 0.41, JLL and WHG keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 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/jll-vs-whg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/jll-vs-whg/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: JLL correlations · WHG correlations
