LII vs MAS: Correlation
Lennox International (LII) and Masco (MAS) show a moderate relationship: their 3-year correlation of weekly returns is 0.59.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LII and MAS?
Over the past 3 years, LII and MAS moved with a correlation of 0.59, which is moderate. The relationship has been stable: the 1-year correlation (0.62) sits close to the 3-year figure. Over 5 years the correlation is 0.63, and the annualized covariance of weekly returns is 554.8 %².
MAS is one of the assets that tracks LII most closely: it ranks #3 out of the 37 assets we track against LII. Their recent paths diverged sharply: over the last 12 months MAS outperformed by 29.8 percentage points (-30.3% for LII against -0.5% for MAS). Across three years, the rolling one-year figure varied moderately, from 0.48 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.
LII vs MAS: side by side
| LII (Lennox International) | MAS (Masco) | |
|---|---|---|
| 1-year return | -30.3% | -0.5% |
| 5-year return | +23.7% | +29.1% |
| Volatility (ann.) | 32.0% | 29.6% |
| Beta vs S&P 500 | 0.96 | 0.95 |
| Max drawdown (3Y) | -41.7% | -30.9% |
| Market cap | $13.5B | $14.4B |
| P/E (trailing) | 17.5 | 17.0 |
| Dividend yield | 1.34% | 1.71% |
| Sector / category | Industrials | Industrials |
Year-by-year returns
| Year | LII | MAS |
|---|---|---|
| 2022 | -24.9% | -32.1% |
| 2023 | +89.5% | +46.6% |
| 2024 | +37.3% | +10.0% |
| 2025 | -19.5% | -10.9% |
| 2026 | -19.0% | +16.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LII and MAS good diversifiers for each other?
Somewhat, no more. With 0.59 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between LII and MAS?
The LII/MAS correlation stands at 0.59 on a 3-year window (1 year: 0.62, 5 years: 0.63), computed from weekly returns as of 2026-08-27.
Is MAS a good diversifier for LII?
Somewhat, no more. With 0.59 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.59 mean?
On the −1 to +1 scale, 0.59 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/lii-vs-mas.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lii-vs-mas/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LII correlations · MAS correlations
