LEN vs MHK: Correlation
Lennar (LEN) and Mohawk Industries, Inc. (MHK) show a strong relationship: their 3-year correlation of weekly returns is 0.72.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LEN and MHK?
On 3 years of weekly data the LEN/MHK correlation comes out at 0.72, strong. The relationship has been stable: the 1-year correlation (0.75) sits close to the 3-year figure. The 5-year figure is 0.67, and annualized covariance runs at 922.1 %².
Within LEN's tracked universe of 40 assets, MHK comes in at #14 by 3-year correlation. Correlation aside, the last 12 months split them widely, with MHK ahead by 33.1 points (-34.9% versus -1.8%).
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 MHK: side by side
| LEN (Lennar) | MHK (Mohawk Industries, Inc.) | |
|---|---|---|
| 1-year return | -34.9% | -1.8% |
| 5-year return | -11.7% | -35.8% |
| Volatility (ann.) | 32.6% | 39.3% |
| Beta vs S&P 500 | 0.84 | 1.13 |
| Max drawdown (3Y) | -54.5% | -42.0% |
| Market cap | $20.5B | $8.8B |
| P/E (trailing) | 13.7 | 17.5 |
| Dividend yield | 2.29% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | LEN | MHK |
|---|---|---|
| 2022 | -20.6% | -43.9% |
| 2023 | +66.9% | +1.3% |
| 2024 | -7.3% | +15.1% |
| 2025 | -20.8% | -8.3% |
| 2026 | -15.9% | +18.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LEN and MHK good diversifiers for each other?
Somewhat, no more. With 0.72 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between LEN and MHK?
As of 2026-08-27, the correlation of weekly returns between LEN and MHK is 0.72 over 3 years, 0.75 over 1 year and 0.67 over 5 years.
Is MHK a good diversifier for LEN?
Somewhat, no more. With 0.72 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.72 mean?
On the −1 to +1 scale, 0.72 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/len-vs-mhk.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/len-vs-mhk/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LEN correlations · MHK correlations
