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
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.
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 500 | 0.83 | 0.66 |
| Max drawdown (3Y) | -29.0% | -21.1% |
| Market cap | – | $73.7B |
| P/E (trailing) | 17.8 | 27.8 |
| Dividend yield | 2.31% | 0.72% |
| Sector / category | Consumer Discretionary | Consumer Discretionary |
Year-by-year returns
| Year | LOW | ROST |
|---|---|---|
| 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
$ curl https://www.pairbook.io/api/v1/pairs/low-vs-rost.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/low-vs-rost/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LOW correlations · ROST correlations