LOW vs PHM: Correlation
Lowe's (LOW) and PulteGroup (PHM) show a strong relationship: their 3-year correlation of weekly returns is 0.72.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LOW and PHM?
Across a 3-year window, the weekly returns of LOW and PHM correlate at 0.72, strong. Recent behaviour matches the longer record: 0.71 over 1 year against 0.72 over 3. Stretching to 5 years gives 0.69, with an annualized covariance of 574.9 %².
Among the 46 assets we track against LOW, PHM ranks #6 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months PHM outperformed by 15.9 percentage points (-18.4% for LOW against -2.5% for PHM). The rolling one-year correlation stayed in a tight band between 0.57 and 0.77 over the past three years, which points to a structural rather than episodic relationship.
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 PHM: side by side
| LOW (Lowe's) | PHM (PulteGroup) | |
|---|---|---|
| 1-year return | -18.4% | -2.5% |
| 5-year return | +11.1% | +145.5% |
| Volatility (ann.) | 24.8% | 32.2% |
| Beta vs S&P 500 | 0.83 | 0.82 |
| Max drawdown (3Y) | -29.0% | -38.0% |
| Market cap | – | – |
| P/E (trailing) | 17.8 | 13.3 |
| Dividend yield | 2.31% | 0.77% |
| Sector / category | Consumer Discretionary | Consumer Discretionary |
Year-by-year returns
| Year | LOW | PHM |
|---|---|---|
| 2022 | -21.5% | -19.2% |
| 2023 | +14.0% | +128.8% |
| 2024 | +13.0% | +6.2% |
| 2025 | -0.3% | +8.5% |
| 2026 | -12.9% | +8.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LOW and PHM good diversifiers for each other?
To a limited degree. At 0.72 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 PHM?
As of 2026-08-27, the correlation of weekly returns between LOW and PHM is 0.72 over 3 years, 0.71 over 1 year and 0.69 over 5 years.
Is PHM a good diversifier for LOW?
To a limited degree. At 0.72 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 0.72 mean?
On the −1 to +1 scale, 0.72 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-phm.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/low-vs-phm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LOW correlations · PHM correlations
