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LOW vs ROST: Correlation

Lowe's (LOW) and Ross Stores (ROST) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.40
moderate
Correlation (1Y)
0.26
last 12 months
Correlation (5Y)
0.48
long-run
Ann. covariance
239.1
%² · weekly, annualized

How correlated are LOW and ROST?

Across a 3-year window, the weekly returns of LOW and ROST correlate at 0.40, moderate. The link has loosened recently: the 1-year correlation (0.26) runs below the 3-year figure (0.40). Stretching to 5 years gives 0.48, with an annualized covariance of 239.1 %².

Among the 46 assets we track against LOW, ROST ranks #31 by 3-year correlation. The last year tells two different stories: ROST led by 72.7 percentage points, -18.4% for LOW against +54.3% for ROST. On a rolling one-year basis the correlation drifted between 0.21 and 0.64, a moderate band.

+1.0+0.50-0.5-1.020232026-08-27
Rolling one-year correlation of weekly returns over the past three years.
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 ROST: side by side

LOW (Lowe's)ROST (Ross Stores)
1-year return-18.4%+54.3%
5-year return+11.1%+105.0%
Volatility (ann.)24.8%24.0%
Beta vs S&P 5000.830.66
Max drawdown (3Y)-29.0%-21.1%
Market cap$73.7B
P/E (trailing)17.827.8
Dividend yield2.31%0.72%
Sector / categoryConsumer DiscretionaryConsumer Discretionary
Lower P/E: LOW 17.8 vs 27.8Higher yield: LOW 2.31% vs 0.72%Smaller drawdown: ROST -21.1% vs -29.0%Higher 5y return: ROST +105.0% vs +11.1%
-22%0%+71%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). LOW · ROST

Year-by-year returns

YearLOWROST
2022-21.5%+2.9%
2023+14.0%+20.6%
2024+13.0%+10.4%
2025-0.3%+20.4%
2026-12.9%+28.1%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are LOW and ROST good diversifiers for each other?

A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between LOW and ROST?

The LOW/ROST correlation stands at 0.40 on a 3-year window (1 year: 0.26, 5 years: 0.48), computed from weekly returns as of 2026-08-27.

Is ROST a good diversifier for LOW?

A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.40 mean?

A reading of 0.40 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/low-vs-rost.json

LOW vs ROST: 3-year weekly correlation 0.40LOW vs ROST0.40

Drop this badge in a README or notebook; it updates with the data:

[![LOW vs ROST correlation](https://www.pairbook.io/api/v1/badge/low-vs-rost.svg)](https://www.pairbook.io/pair/low-vs-rost/)

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Related comparisons

Hubs: LOW correlations · ROST correlations