LKQ vs NVR: Correlation
Measured on weekly returns over the past three years, LKQ Corporation (LKQ) and NVR, Inc. (NVR) carry a correlation of 0.51, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LKQ and NVR?
On 3 years of weekly data the LKQ/NVR correlation comes out at 0.51, moderate. The link has tightened recently: the 1-year correlation (0.66) runs above the 3-year figure (0.51). The 5-year figure is 0.52, and annualized covariance runs at 369.5 %².
Within LKQ's tracked universe of 11 assets, NVR comes in at #5 by 3-year correlation. Twelve-month performance is nearly a tie, at -17.5% for LKQ and -20.8% for NVR.
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.
LKQ vs NVR: side by side
| LKQ (LKQ Corporation) | NVR (NVR, Inc.) | |
|---|---|---|
| 1-year return | -17.5% | -20.8% |
| 5-year return | -43.9% | +24.2% |
| Volatility (ann.) | 31.2% | 23.4% |
| Beta vs S&P 500 | 0.57 | 0.53 |
| Max drawdown (3Y) | -54.6% | -43.9% |
| Market cap | $6.4B | $17.0B |
| P/E (trailing) | 14.1 | 16.6 |
| Dividend yield | 4.66% | 0.00% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | LKQ | NVR |
|---|---|---|
| 2022 | -9.2% | -21.9% |
| 2023 | -8.6% | +51.8% |
| 2024 | -20.9% | +16.8% |
| 2025 | -15.0% | -10.8% |
| 2026 | -13.2% | -12.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LKQ and NVR good diversifiers for each other?
Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between LKQ and NVR?
As of 2026-08-27, the correlation of weekly returns between LKQ and NVR is 0.51 over 3 years, 0.66 over 1 year and 0.52 over 5 years.
Is NVR a good diversifier for LKQ?
Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.51 mean?
On the −1 to +1 scale, 0.51 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/lkq-vs-nvr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lkq-vs-nvr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LKQ correlations · NVR correlations
