LANV vs URI: Correlation
How closely do Lanvin Group Holdings Limited (LANV) and United Rentals (URI) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LANV and URI?
Over the past 3 years, LANV and URI moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.20 lands near the 3-year figure. Over 5 years the correlation is -0.12, and the annualized covariance of weekly returns is -546.2 %².
Within LANV's tracked universe of 52 assets, URI comes in at #31 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months URI outperformed by 60.7 percentage points (-50.5% for LANV against +10.2% for URI). Note the risk asymmetry: LANV runs 1.8 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 URI: side by side
| LANV (Lanvin Group Holdings Limited) | URI (United Rentals) | |
|---|---|---|
| 1-year return | -50.5% | +10.2% |
| 5-year return | -89.7% | +204.1% |
| Volatility (ann.) | 69.7% | 39.5% |
| Beta vs S&P 500 | -0.15 | 1.42 |
| Max drawdown (3Y) | -78.6% | -37.0% |
| Market cap | $0.1B | $64.6B |
| P/E (trailing) | – | 25.4 |
| Dividend yield | 0.00% | 0.71% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | LANV | URI |
|---|---|---|
| 2022 | -6.1% | +7.0% |
| 2023 | -67.7% | +63.6% |
| 2024 | -31.9% | +24.0% |
| 2025 | +0.0% | +15.9% |
| 2026 | -50.2% | +29.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LANV and URI good diversifiers for each other?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between LANV and URI?
The LANV/URI correlation stands at -0.20 on a 3-year window (1 year: -0.20, 5 years: -0.12), computed from weekly returns as of 2026-08-27.
Is URI a good diversifier for LANV?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.20 mean?
On the −1 to +1 scale, -0.20 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/lanv-vs-uri.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lanv-vs-uri/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LANV correlations · URI correlations
