LOW vs RL: Correlation
Lowe's (LOW) and Ralph Lauren Corporation (RL) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LOW and RL?
On 3 years of weekly data the LOW/RL correlation comes out at 0.45, moderate. The relationship has been stable: the 1-year correlation (0.51) sits close to the 3-year figure. The 5-year figure is 0.48, and annualized covariance runs at 377.8 %².
Within LOW's tracked universe of 46 assets, RL comes in at #25 by 3-year correlation. Correlation aside, the last 12 months split them widely, with RL ahead by 39.1 points (-18.4% versus +20.7%). The link looks structural: the rolling one-year correlation barely moved, holding between 0.35 and 0.53.
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 RL: side by side
| LOW (Lowe's) | RL (Ralph Lauren Corporation) | |
|---|---|---|
| 1-year return | -18.4% | +20.7% |
| 5-year return | +11.1% | +232.5% |
| Volatility (ann.) | 24.8% | 33.6% |
| Beta vs S&P 500 | 0.83 | 1.07 |
| Max drawdown (3Y) | -29.0% | -36.2% |
| Market cap | – | $21.0B |
| P/E (trailing) | 17.8 | 22.8 |
| Dividend yield | 2.31% | 1.03% |
| Sector / category | Consumer Discretionary | Consumer Discretionary |
Year-by-year returns
| Year | LOW | RL |
|---|---|---|
| 2022 | -21.5% | -8.4% |
| 2023 | +14.0% | +39.8% |
| 2024 | +13.0% | +62.9% |
| 2025 | -0.3% | +55.0% |
| 2026 | -12.9% | +0.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LOW and RL good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between LOW and RL?
As of 2026-08-27, the correlation of weekly returns between LOW and RL is 0.45 over 3 years, 0.51 over 1 year and 0.48 over 5 years.
Is RL a good diversifier for LOW?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 mean?
On the −1 to +1 scale, 0.45 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-rl.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/low-vs-rl/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LOW correlations · RL correlations
