LOW vs WSM: Correlation
How closely do Lowe's (LOW) and Williams-Sonoma, Inc. (WSM) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LOW and WSM?
Over the past 3 years, LOW and WSM moved with a correlation of 0.50, which is moderate. Recent behaviour matches the longer record: 0.57 over 1 year against 0.50 over 3. Over 5 years the correlation is 0.55, and the annualized covariance of weekly returns is 529.4 %².
Among the 46 assets we track against LOW, WSM ranks #21 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months WSM outperformed by 44.2 percentage points (-18.4% for LOW against +25.8% for WSM). On a rolling one-year basis the correlation drifted between 0.34 and 0.68, a moderate band. Risk is not evenly split, since WSM carries 1.7 times the volatility of the other side.
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 WSM: side by side
| LOW (Lowe's) | WSM (Williams-Sonoma, Inc.) | |
|---|---|---|
| 1-year return | -18.4% | +25.8% |
| 5-year return | +11.1% | +182.0% |
| Volatility (ann.) | 24.8% | 43.0% |
| Beta vs S&P 500 | 0.83 | 1.33 |
| Max drawdown (3Y) | -29.0% | -36.8% |
| Market cap | – | $28.1B |
| P/E (trailing) | 17.8 | 24.4 |
| Dividend yield | 2.31% | 0.56% |
| Sector / category | Consumer Discretionary | Consumer Discretionary |
Year-by-year returns
| Year | LOW | WSM |
|---|---|---|
| 2022 | -21.5% | -30.5% |
| 2023 | +14.0% | +80.2% |
| 2024 | +13.0% | +86.6% |
| 2025 | -0.3% | -2.1% |
| 2026 | -12.9% | +34.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LOW and WSM good diversifiers for each other?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between LOW and WSM?
The LOW/WSM correlation stands at 0.50 on a 3-year window (1 year: 0.57, 5 years: 0.55), computed from weekly returns as of 2026-08-27.
Is WSM a good diversifier for LOW?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.50 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/low-vs-wsm.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/low-vs-wsm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LOW correlations · WSM correlations
