LEN vs LOW: Correlation
Lennar (LEN) and Lowe's (LOW) show a strong relationship: their 3-year correlation of weekly returns is 0.71.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LEN and LOW?
On 3 years of weekly data the LEN/LOW correlation comes out at 0.71, strong. The relationship has been stable: the 1-year correlation (0.65) sits close to the 3-year figure. The 5-year figure is 0.69, and annualized covariance runs at 571.8 %².
Within LEN's tracked universe of 40 assets, LOW comes in at #16 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months LOW outperformed by 16.5 percentage points (-34.9% for LEN against -18.4% for LOW). The rolling one-year correlation stayed in a tight band between 0.61 and 0.77 over the past three years, which points to a structural rather than episodic relationship.
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.
LEN vs LOW: side by side
| LEN (Lennar) | LOW (Lowe's) | |
|---|---|---|
| 1-year return | -34.9% | -18.4% |
| 5-year return | -11.7% | +11.1% |
| Volatility (ann.) | 32.6% | 24.8% |
| Beta vs S&P 500 | 0.84 | 0.83 |
| Max drawdown (3Y) | -54.5% | -29.0% |
| Market cap | $20.5B | – |
| P/E (trailing) | 13.7 | 17.8 |
| Dividend yield | 2.29% | 2.31% |
| Sector / category | Consumer Discretionary | Consumer Discretionary |
Year-by-year returns
| Year | LEN | LOW |
|---|---|---|
| 2022 | -20.6% | -21.5% |
| 2023 | +66.9% | +14.0% |
| 2024 | -7.3% | +13.0% |
| 2025 | -20.8% | -0.3% |
| 2026 | -15.9% | -12.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LEN and LOW good diversifiers for each other?
To a limited degree. At 0.71 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between LEN and LOW?
As of 2026-08-27, the correlation of weekly returns between LEN and LOW is 0.71 over 3 years, 0.65 over 1 year and 0.69 over 5 years.
Is LOW a good diversifier for LEN?
To a limited degree. At 0.71 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.71 mean?
A reading of 0.71 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/len-vs-low.json
Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: LEN correlations · LOW correlations
