KTB vs LAKE: Correlation
How closely do Kontoor Brands, Inc. (KTB) and Lakeland Industries, Inc. (LAKE) trade together? Their weekly returns over three years give a correlation of 0.39, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KTB and LAKE?
On 3 years of weekly data the KTB/LAKE correlation comes out at 0.39, moderate. Little has changed lately, as the 1-year reading of 0.38 lands near the 3-year figure. The 5-year figure is 0.32, and annualized covariance runs at 945.8 %².
Among the 17 assets we track against KTB, LAKE ranks #12 by 3-year correlation. The last year tells two different stories: KTB led by 23.4 percentage points, +0.9% for KTB 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.
KTB vs LAKE: side by side
| KTB (Kontoor Brands, Inc.) | LAKE (Lakeland Industries, Inc.) | |
|---|---|---|
| 1-year return | +0.9% | -22.5% |
| 5-year return | +65.6% | -49.3% |
| Volatility (ann.) | 44.3% | 55.0% |
| Beta vs S&P 500 | 1.05 | 1.32 |
| Max drawdown (3Y) | -44.9% | -71.2% |
| Market cap | $4.2B | $0.1B |
| P/E (trailing) | 15.6 | – |
| Dividend yield | 2.73% | 0.76% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KTB | LAKE |
|---|---|---|
| 2022 | -18.3% | -38.7% |
| 2023 | +62.6% | +40.6% |
| 2024 | +40.7% | +38.7% |
| 2025 | -26.3% | -65.2% |
| 2026 | +27.1% | +35.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KTB and LAKE good diversifiers for each other?
Reasonably. At 0.39, KTB and LAKE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between KTB and LAKE?
As of 2026-08-27, the correlation of weekly returns between KTB and LAKE is 0.39 over 3 years, 0.38 over 1 year and 0.32 over 5 years.
Is LAKE a good diversifier for KTB?
Reasonably. At 0.39, KTB and LAKE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.39 mean?
On the −1 to +1 scale, 0.39 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/ktb-vs-lake.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ktb-vs-lake/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KTB correlations · LAKE correlations
