LOW vs MAS: Correlation
Lowe's (LOW) and Masco (MAS) show a strong relationship: their 3-year correlation of weekly returns is 0.74.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LOW and MAS?
Over the past 3 years, LOW and MAS moved with a correlation of 0.74, which is strong. Recent behaviour matches the longer record: 0.69 over 1 year against 0.74 over 3. Over 5 years the correlation is 0.75, and the annualized covariance of weekly returns is 547.2 %².
In LOW's tracked universe of 46 assets, MAS sits right near the top at #2. The last year tells two different stories: MAS led by 17.9 percentage points, -18.4% for LOW against -0.5% for MAS. The link looks structural: the rolling one-year correlation barely moved, holding between 0.71 and 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.
LOW vs MAS: side by side
| LOW (Lowe's) | MAS (Masco) | |
|---|---|---|
| 1-year return | -18.4% | -0.5% |
| 5-year return | +11.1% | +29.1% |
| Volatility (ann.) | 24.8% | 29.6% |
| Beta vs S&P 500 | 0.83 | 0.95 |
| Max drawdown (3Y) | -29.0% | -30.9% |
| Market cap | – | $14.4B |
| P/E (trailing) | 17.8 | 17.0 |
| Dividend yield | 2.31% | 1.71% |
| Sector / category | Consumer Discretionary | Industrials |
Year-by-year returns
| Year | LOW | MAS |
|---|---|---|
| 2022 | -21.5% | -32.1% |
| 2023 | +14.0% | +46.6% |
| 2024 | +13.0% | +10.0% |
| 2025 | -0.3% | -10.9% |
| 2026 | -12.9% | +16.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LOW and MAS good diversifiers for each other?
To a limited degree. At 0.74 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 LOW and MAS?
As of 2026-08-27, the correlation of weekly returns between LOW and MAS is 0.74 over 3 years, 0.69 over 1 year and 0.75 over 5 years.
Is MAS a good diversifier for LOW?
To a limited degree. At 0.74 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 0.74 mean?
On the −1 to +1 scale, 0.74 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/low-vs-mas.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/low-vs-mas/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LOW correlations · MAS correlations
