LEN vs WY: Correlation
How closely do Lennar (LEN) and Weyerhaeuser (WY) trade together? Their weekly returns over three years give a correlation of 0.64, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LEN and WY?
On 3 years of weekly data the LEN/WY correlation comes out at 0.64, strong. Lately the two have drifted apart, with the 1-year correlation at 0.53 versus 0.64 over 3 years. The 5-year figure is 0.61, and annualized covariance runs at 516.1 %².
Among the 40 assets we track against LEN, WY ranks #20 by 3-year correlation. Correlation aside, the last 12 months split them widely, with WY ahead by 28.8 points (-34.9% versus -6.1%). Across three years, the rolling one-year figure varied moderately, from 0.49 to 0.83.
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 WY: side by side
| LEN (Lennar) | WY (Weyerhaeuser) | |
|---|---|---|
| 1-year return | -34.9% | -6.1% |
| 5-year return | -11.7% | -19.5% |
| Volatility (ann.) | 32.6% | 24.8% |
| Beta vs S&P 500 | 0.84 | 0.64 |
| Max drawdown (3Y) | -54.5% | -38.0% |
| Market cap | $20.5B | $17.1B |
| P/E (trailing) | 13.7 | 36.5 |
| Dividend yield | 2.29% | 3.49% |
| Sector / category | Consumer Discretionary | Real Estate |
Year-by-year returns
| Year | LEN | WY |
|---|---|---|
| 2022 | -20.6% | -20.4% |
| 2023 | +66.9% | +18.0% |
| 2024 | -7.3% | -16.6% |
| 2025 | -20.8% | -13.0% |
| 2026 | -15.9% | +1.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LEN and WY good diversifiers for each other?
To a limited degree. At 0.64 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 WY?
Using weekly returns as of 2026-08-27: 0.64 over 3 years, with 0.53 over the last year and 0.61 over 5 years.
Is WY a good diversifier for LEN?
To a limited degree. At 0.64 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 0.64 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/len-vs-wy.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/len-vs-wy/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LEN correlations · WY correlations
