LEN vs NVNI: Correlation
Lennar (LEN) and Nvni Group Limited (NVNI) show a negative relationship: their 3-year correlation of weekly returns is -0.19.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LEN and NVNI?
Across a 3-year window, the weekly returns of LEN and NVNI correlate at -0.19, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.14 lands near the 3-year figure. Stretching to 5 years gives -0.15, with an annualized covariance of -5785.3 %².
Among the 40 assets we track against LEN, NVNI ranks #32 by 3-year correlation. The last year tells two different stories: LEN led by 48.1 percentage points, -34.9% for LEN against -83.0% for NVNI. One caveat on sizing: NVNI is 29.1 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 NVNI: side by side
| LEN (Lennar) | NVNI (Nvni Group Limited) | |
|---|---|---|
| 1-year return | -34.9% | -83.0% |
| 5-year return | -11.7% | -98.9% |
| Volatility (ann.) | 32.6% | 949.3% |
| Beta vs S&P 500 | 0.84 | -4.03 |
| Max drawdown (3Y) | -54.5% | -99.3% |
| 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 | NVNI |
|---|---|---|
| 2022 | -20.6% | +4.4% |
| 2023 | +66.9% | -85.4% |
| 2024 | -7.3% | +64.4% |
| 2025 | -20.8% | -89.2% |
| 2026 | -15.9% | -60.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LEN and NVNI good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between LEN and NVNI?
As of 2026-08-27, the correlation of weekly returns between LEN and NVNI is -0.19 over 3 years, -0.14 over 1 year and -0.15 over 5 years.
Is NVNI a good diversifier for LEN?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 mean?
On the −1 to +1 scale, -0.19 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-nvni.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/len-vs-nvni/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LEN correlations · NVNI correlations
