LANV vs NUE: Correlation
Lanvin Group Holdings Limited (LANV) and Nucor (NUE) show a negative relationship: their 3-year correlation of weekly returns is -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LANV and NUE?
Over the past 3 years, LANV and NUE moved with a correlation of -0.25, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.06 versus -0.25 over 3 years. Over 5 years the correlation is -0.17, and the annualized covariance of weekly returns is -585.6 %².
By 3-year correlation, NUE places #43 of the 52 assets tracked against LANV. Their recent paths diverged sharply: over the last 12 months NUE outperformed by 120.6 percentage points (-50.5% for LANV against +70.1% for NUE). Risk is not evenly split, since LANV carries 2.1 times the volatility of the other side.
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 NUE: side by side
| LANV (Lanvin Group Holdings Limited) | NUE (Nucor) | |
|---|---|---|
| 1-year return | -50.5% | +70.1% |
| 5-year return | -89.7% | +124.6% |
| Volatility (ann.) | 69.7% | 33.3% |
| Beta vs S&P 500 | -0.15 | 1.08 |
| Max drawdown (3Y) | -78.6% | -47.8% |
| Market cap | $0.1B | $57.3B |
| P/E (trailing) | – | 20.1 |
| Dividend yield | 0.00% | 0.88% |
| Sector / category | US Listed | Materials |
Year-by-year returns
| Year | LANV | NUE |
|---|---|---|
| 2022 | -6.1% | +17.4% |
| 2023 | -67.7% | +33.8% |
| 2024 | -31.9% | -32.0% |
| 2025 | +0.0% | +42.0% |
| 2026 | -50.2% | +55.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LANV and NUE good diversifiers for each other?
Yes. With a correlation of -0.25, LANV and NUE have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between LANV and NUE?
The LANV/NUE correlation stands at -0.25 on a 3-year window (1 year: -0.06, 5 years: -0.17), computed from weekly returns as of 2026-08-27.
Is NUE a good diversifier for LANV?
Yes. With a correlation of -0.25, LANV and NUE have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.25 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/lanv-vs-nue.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lanv-vs-nue/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LANV correlations · NUE correlations
