LANV vs MTUS: Correlation
How closely do Lanvin Group Holdings Limited (LANV) and Metallus Inc. (MTUS) trade together? Their weekly returns over three years give a correlation of -0.26, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LANV and MTUS?
Over the past 3 years, LANV and MTUS moved with a correlation of -0.26, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.30 over 1 year against -0.26 over 3. Over 5 years the correlation is -0.15, and the annualized covariance of weekly returns is -731.2 %².
By 3-year correlation, MTUS places #44 of the 52 assets tracked against LANV. The last year tells two different stories: MTUS led by 70.7 percentage points, -50.5% for LANV against +20.2% for MTUS. Note the risk asymmetry: LANV runs 1.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
LANV vs MTUS: side by side
| LANV (Lanvin Group Holdings Limited) | MTUS (Metallus Inc.) | |
|---|---|---|
| 1-year return | -50.5% | +20.2% |
| 5-year return | -89.7% | +40.6% |
| Volatility (ann.) | 69.7% | 40.3% |
| Beta vs S&P 500 | -0.15 | 1.20 |
| Max drawdown (3Y) | -78.6% | -52.7% |
| Market cap | $0.1B | $0.8B |
| P/E (trailing) | – | 99.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LANV | MTUS |
|---|---|---|
| 2022 | -6.1% | +10.1% |
| 2023 | -67.7% | +29.1% |
| 2024 | -31.9% | -39.7% |
| 2025 | +0.0% | +21.4% |
| 2026 | -50.2% | +16.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LANV and MTUS good diversifiers for each other?
Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between LANV and MTUS?
As of 2026-08-27, the correlation of weekly returns between LANV and MTUS is -0.26 over 3 years, -0.30 over 1 year and -0.15 over 5 years.
Is MTUS a good diversifier for LANV?
Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.26 mean?
A reading of -0.26 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/lanv-vs-mtus.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lanv-vs-mtus/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LANV correlations · MTUS correlations
