LEN vs USO: Correlation
How closely do Lennar (LEN) and United States Oil Fund (USO) trade together? Their weekly returns over three years give a correlation of -0.30, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LEN and USO?
Across a 3-year window, the weekly returns of LEN and USO correlate at -0.30, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.40) runs below the 3-year figure (-0.30). Stretching to 5 years gives -0.17, with an annualized covariance of -389.9 %².
USO is close to the least connected end of LEN's tracked universe, ranking #38 of 40. Correlation aside, the last 12 months split them widely, with USO ahead by 109.0 points (-34.9% versus +74.1%). The rolling one-year correlation moved between -0.43 and -0.01 over the past three years, a moderate range.
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 USO: side by side
| LEN (Lennar) | USO (United States Oil Fund) | |
|---|---|---|
| 1-year return | -34.9% | +74.1% |
| 5-year return | -11.7% | +168.6% |
| Volatility (ann.) | 32.6% | 39.4% |
| Beta vs S&P 500 | 0.84 | -0.20 |
| Max drawdown (3Y) | -54.5% | -32.5% |
| Market cap | $20.5B | – |
| P/E (trailing) | 13.7 | – |
| Dividend yield | 2.29% | – |
| Sector / category | Consumer Discretionary | ETF · Commodities |
Year-by-year returns
| Year | LEN | USO |
|---|---|---|
| 2022 | -20.6% | +29.0% |
| 2023 | +66.9% | -4.9% |
| 2024 | -7.3% | +13.4% |
| 2025 | -20.8% | -8.5% |
| 2026 | -15.9% | +88.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LEN and USO good diversifiers for each other?
Yes: at -0.30, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between LEN and USO?
Using weekly returns as of 2026-08-27: -0.30 over 3 years, with -0.40 over the last year and -0.17 over 5 years.
Is USO a good diversifier for LEN?
Yes: at -0.30, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.30 mean?
A reading of -0.30 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-uso.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/len-vs-uso/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LEN correlations · USO correlations
