LDI vs LUMN: Correlation
loanDepot, Inc. (LDI) and Lumen Technologies, Inc. (LUMN) show a moderate relationship: their 3-year correlation of weekly returns is 0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LDI and LUMN?
Across a 3-year window, the weekly returns of LDI and LUMN correlate at 0.33, moderate. Little has changed lately, as the 1-year reading of 0.29 lands near the 3-year figure. Stretching to 5 years gives 0.30, with an annualized covariance of 2711.3 %².
Within LDI's tracked universe of 13 assets, LUMN comes in at #8 by 3-year correlation. The last year tells two different stories: LUMN led by 70.2 percentage points, -53.7% for LDI against +16.5% for LUMN.
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.
LDI vs LUMN: side by side
| LDI (loanDepot, Inc.) | LUMN (Lumen Technologies, Inc.) | |
|---|---|---|
| 1-year return | -53.7% | +16.5% |
| 5-year return | -87.7% | -44.0% |
| Volatility (ann.) | 85.9% | 95.4% |
| Beta vs S&P 500 | 1.47 | 0.90 |
| Max drawdown (3Y) | -81.3% | -69.7% |
| Market cap | $0.4B | $6.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LDI | LUMN |
|---|---|---|
| 2022 | -64.9% | -55.5% |
| 2023 | +113.3% | -64.9% |
| 2024 | -42.0% | +190.2% |
| 2025 | +1.5% | +46.3% |
| 2026 | -53.0% | -21.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LDI and LUMN good diversifiers for each other?
Reasonably. At 0.33, LDI and LUMN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between LDI and LUMN?
The LDI/LUMN correlation stands at 0.33 on a 3-year window (1 year: 0.29, 5 years: 0.30), computed from weekly returns as of 2026-08-27.
Is LUMN a good diversifier for LDI?
Reasonably. At 0.33, LDI and LUMN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.33 mean?
On the −1 to +1 scale, 0.33 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/ldi-vs-lumn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ldi-vs-lumn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LDI correlations · LUMN correlations
