LEA vs WU: Correlation
Lear Corporation (LEA) and Western Union Company (The) (WU) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LEA and WU?
Across a 3-year window, the weekly returns of LEA and WU correlate at 0.45, moderate. The relationship has been stable: the 1-year correlation (0.41) sits close to the 3-year figure. Stretching to 5 years gives 0.44, with an annualized covariance of 402.0 %².
By 3-year correlation, WU places #12 of the 17 assets tracked against LEA. Their recent paths diverged sharply: over the last 12 months LEA outperformed by 21.0 percentage points (+15.2% for LEA against -5.8% for WU).
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.
LEA vs WU: side by side
| LEA (Lear Corporation) | WU (Western Union Company (The)) | |
|---|---|---|
| 1-year return | +15.2% | -5.8% |
| 5-year return | -13.4% | -49.2% |
| Volatility (ann.) | 28.8% | 31.1% |
| Beta vs S&P 500 | 0.61 | 0.48 |
| Max drawdown (3Y) | -47.0% | -43.2% |
| Market cap | $8.2B | $2.2B |
| P/E (trailing) | 11.6 | 5.9 |
| Dividend yield | 2.48% | 12.95% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LEA | WU |
|---|---|---|
| 2022 | -30.7% | -17.9% |
| 2023 | +16.4% | -6.2% |
| 2024 | -31.2% | -3.8% |
| 2025 | +24.9% | -2.6% |
| 2026 | +9.1% | -18.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LEA and WU good diversifiers for each other?
Reasonably. At 0.45, LEA and WU keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between LEA and WU?
Using weekly returns as of 2026-08-27: 0.45 over 3 years, with 0.41 over the last year and 0.44 over 5 years.
Is WU a good diversifier for LEA?
Reasonably. At 0.45, LEA and WU keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.45 mean?
A reading of 0.45 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/lea-vs-wu.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lea-vs-wu/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LEA correlations · WU correlations
