LPX vs VMC: Correlation
Measured on weekly returns over the past three years, Louisiana-Pacific Corporation (LPX) and Vulcan Materials Company (VMC) carry a correlation of 0.60, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LPX and VMC?
Across a 3-year window, the weekly returns of LPX and VMC correlate at 0.60, strong. The relationship has been stable: the 1-year correlation (0.65) sits close to the 3-year figure. Stretching to 5 years gives 0.55, with an annualized covariance of 568.8 %².
Among the 20 assets we track against LPX, VMC ranks #10 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months VMC outperformed by 20.1 percentage points (-25.3% for LPX against -5.2% for VMC).
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.
LPX vs VMC: side by side
| LPX (Louisiana-Pacific Corporation) | VMC (Vulcan Materials Company) | |
|---|---|---|
| 1-year return | -25.3% | -5.2% |
| 5-year return | +15.9% | +53.2% |
| Volatility (ann.) | 37.4% | 25.2% |
| Beta vs S&P 500 | 1.15 | 0.82 |
| Max drawdown (3Y) | -43.1% | -24.4% |
| Market cap | $4.9B | $35.5B |
| P/E (trailing) | 93.1 | 32.3 |
| Dividend yield | 1.63% | 0.74% |
| Sector / category | US Listed | Materials |
Year-by-year returns
| Year | LPX | VMC |
|---|---|---|
| 2022 | -23.4% | -14.9% |
| 2023 | +21.5% | +30.8% |
| 2024 | +47.9% | +14.1% |
| 2025 | -21.0% | +11.7% |
| 2026 | -11.4% | -3.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LPX and VMC good diversifiers for each other?
To a limited degree. At 0.60 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 LPX and VMC?
Using weekly returns as of 2026-08-27: 0.60 over 3 years, with 0.65 over the last year and 0.55 over 5 years.
Is VMC a good diversifier for LPX?
To a limited degree. At 0.60 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 0.60 mean?
A reading of 0.60 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/lpx-vs-vmc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lpx-vs-vmc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LPX correlations · VMC correlations
