LEN vs MOBX: Correlation
Lennar (LEN) and Mobix Labs, Inc. (MOBX) show a negative relationship: their 3-year correlation of weekly returns is -0.17.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LEN and MOBX?
On 3 years of weekly data the LEN/MOBX correlation comes out at -0.17, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.28) than the 3-year average (-0.17). The 5-year figure is -0.13, and annualized covariance runs at -1871.0 %².
Within LEN's tracked universe of 40 assets, MOBX comes in at #31 by 3-year correlation. The last year tells two different stories: LEN led by 53.1 percentage points, -34.9% for LEN against -88.0% for MOBX. Risk is not evenly split, since MOBX carries 10.2 times the volatility of the other side.
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 MOBX: side by side
| LEN (Lennar) | MOBX (Mobix Labs, Inc.) | |
|---|---|---|
| 1-year return | -34.9% | -88.0% |
| 5-year return | -11.7% | -98.8% |
| Volatility (ann.) | 32.6% | 333.1% |
| Beta vs S&P 500 | 0.84 | -0.62 |
| Max drawdown (3Y) | -54.5% | -99.1% |
| Market cap | $20.5B | – |
| P/E (trailing) | 13.7 | – |
| Dividend yield | 2.29% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | LEN | MOBX |
|---|---|---|
| 2022 | -20.6% | +3.8% |
| 2023 | +66.9% | -60.6% |
| 2024 | -7.3% | -57.7% |
| 2025 | -20.8% | -84.3% |
| 2026 | -15.9% | -57.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LEN and MOBX good diversifiers for each other?
Yes. With a correlation of -0.17, LEN and MOBX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between LEN and MOBX?
The LEN/MOBX correlation stands at -0.17 on a 3-year window (1 year: -0.28, 5 years: -0.13), computed from weekly returns as of 2026-08-27.
Is MOBX a good diversifier for LEN?
Yes. With a correlation of -0.17, LEN and MOBX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.17 mean?
On the −1 to +1 scale, -0.17 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-mobx.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/len-vs-mobx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LEN correlations · MOBX correlations
