LII vs RPM: Correlation
How closely do Lennox International (LII) and RPM International Inc. (RPM) trade together? Their weekly returns over three years give a correlation of 0.53, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LII and RPM?
Across a 3-year window, the weekly returns of LII and RPM correlate at 0.53, moderate. Little has changed lately, as the 1-year reading of 0.48 lands near the 3-year figure. Stretching to 5 years gives 0.56, with an annualized covariance of 423.3 %².
By 3-year correlation, RPM places #12 of the 37 assets tracked against LII. Correlation aside, the last 12 months split them widely, with RPM ahead by 16.0 points (-30.3% versus -14.3%).
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 RPM: side by side
| LII (Lennox International) | RPM (RPM International Inc.) | |
|---|---|---|
| 1-year return | -30.3% | -14.3% |
| 5-year return | +23.7% | +38.7% |
| Volatility (ann.) | 32.0% | 25.0% |
| Beta vs S&P 500 | 0.96 | 0.85 |
| Max drawdown (3Y) | -41.7% | -32.0% |
| Market cap | $13.5B | $13.5B |
| P/E (trailing) | 17.5 | 20.7 |
| Dividend yield | 1.34% | 1.99% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | LII | RPM |
|---|---|---|
| 2022 | -24.9% | -1.7% |
| 2023 | +89.5% | +16.8% |
| 2024 | +37.3% | +12.1% |
| 2025 | -19.5% | -13.9% |
| 2026 | -19.0% | +3.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LII and RPM good diversifiers for each other?
To a limited degree. At 0.53 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 LII and RPM?
The LII/RPM correlation stands at 0.53 on a 3-year window (1 year: 0.48, 5 years: 0.56), computed from weekly returns as of 2026-08-27.
Is RPM a good diversifier for LII?
To a limited degree. At 0.53 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 0.53 mean?
A reading of 0.53 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/lii-vs-rpm.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lii-vs-rpm/)
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Related comparisons
Hubs: LII correlations · RPM correlations
