LEVI vs RL: Correlation
How closely do Levi Strauss & Co (LEVI) and Ralph Lauren Corporation (RL) trade together? Their weekly returns over three years give a correlation of 0.54, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LEVI and RL?
Over the past 3 years, LEVI and RL moved with a correlation of 0.54, which is moderate. Recent behaviour matches the longer record: 0.62 over 1 year against 0.54 over 3. Over 5 years the correlation is 0.60, and the annualized covariance of weekly returns is 642.5 %².
Few assets follow LEVI as closely as RL, which ranks #1 of 12 tracked partners. The last year tells two different stories: RL led by 23.2 percentage points, -2.5% for LEVI against +20.7% for RL.
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.
LEVI vs RL: side by side
| LEVI (Levi Strauss & Co) | RL (Ralph Lauren Corporation) | |
|---|---|---|
| 1-year return | -2.5% | +20.7% |
| 5-year return | -10.8% | +232.5% |
| Volatility (ann.) | 35.5% | 33.6% |
| Beta vs S&P 500 | 1.05 | 1.07 |
| Max drawdown (3Y) | -47.5% | -36.2% |
| Market cap | $8.1B | $21.0B |
| P/E (trailing) | 15.4 | 22.8 |
| Dividend yield | 2.61% | 1.03% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | LEVI | RL |
|---|---|---|
| 2022 | -36.5% | -8.4% |
| 2023 | +10.0% | +39.8% |
| 2024 | +7.5% | +62.9% |
| 2025 | +23.4% | +55.0% |
| 2026 | +3.5% | +0.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LEVI and RL good diversifiers for each other?
To a limited degree. At 0.54 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 LEVI and RL?
The LEVI/RL correlation stands at 0.54 on a 3-year window (1 year: 0.62, 5 years: 0.60), computed from weekly returns as of 2026-08-27.
Is RL a good diversifier for LEVI?
To a limited degree. At 0.54 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 0.54 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/levi-vs-rl.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/levi-vs-rl/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LEVI correlations · RL correlations
