LOW vs TOL: Correlation
Measured on weekly returns over the past three years, Lowe's (LOW) and Toll Brothers, Inc. (TOL) carry a correlation of 0.74, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LOW and TOL?
On 3 years of weekly data the LOW/TOL correlation comes out at 0.74, strong. The relationship has been stable: the 1-year correlation (0.72) sits close to the 3-year figure. The 5-year figure is 0.70, and annualized covariance runs at 639.3 %².
By 3-year correlation, TOL places #5 of the 46 assets tracked against LOW. Correlation aside, the last 12 months split them widely, with TOL ahead by 24.4 points (-18.4% versus +6.0%).
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 TOL: side by side
| LOW (Lowe's) | TOL (Toll Brothers, Inc.) | |
|---|---|---|
| 1-year return | -18.4% | +6.0% |
| 5-year return | +11.1% | +139.9% |
| Volatility (ann.) | 24.8% | 34.9% |
| Beta vs S&P 500 | 0.83 | 1.14 |
| Max drawdown (3Y) | -29.0% | -46.0% |
| Market cap | – | $13.4B |
| P/E (trailing) | 17.8 | 11.9 |
| Dividend yield | 2.31% | 0.69% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | LOW | TOL |
|---|---|---|
| 2022 | -21.5% | -30.0% |
| 2023 | +14.0% | +108.6% |
| 2024 | +13.0% | +23.4% |
| 2025 | -0.3% | +8.3% |
| 2026 | -12.9% | +7.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LOW and TOL 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 TOL?
Using weekly returns as of 2026-08-27: 0.74 over 3 years, with 0.72 over the last year and 0.70 over 5 years.
Is TOL 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-tol.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/low-vs-tol/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LOW correlations · TOL correlations
