LULU vs RL: Correlation
How closely do Lululemon Athletica (LULU) and Ralph Lauren Corporation (RL) trade together? Their weekly returns over three years give a correlation of 0.36, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LULU and RL?
Across a 3-year window, the weekly returns of LULU and RL correlate at 0.36, moderate. The link has tightened recently: the 1-year correlation (0.46) runs above the 3-year figure (0.36). Stretching to 5 years gives 0.42, with an annualized covariance of 499.0 %².
Within LULU's tracked universe of 34 assets, RL comes in at #18 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months RL outperformed by 64.8 percentage points (-44.1% for LULU against +20.7% for RL). This link changes with the market regime, having swung between 0.07 and 0.62 on a rolling one-year basis.
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.
LULU vs RL: side by side
| LULU (Lululemon Athletica) | RL (Ralph Lauren Corporation) | |
|---|---|---|
| 1-year return | -44.1% | +20.7% |
| 5-year return | -72.3% | +232.5% |
| Volatility (ann.) | 41.8% | 33.6% |
| Beta vs S&P 500 | 0.98 | 1.07 |
| Max drawdown (3Y) | -79.4% | -36.2% |
| Market cap | $13.1B | $21.0B |
| P/E (trailing) | 9.4 | 22.8 |
| Dividend yield | 0.00% | 1.03% |
| Sector / category | Consumer Discretionary | Consumer Discretionary |
Year-by-year returns
| Year | LULU | RL |
|---|---|---|
| 2022 | -18.2% | -8.4% |
| 2023 | +59.6% | +39.8% |
| 2024 | -25.2% | +62.9% |
| 2025 | -45.7% | +55.0% |
| 2026 | -44.7% | +0.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LULU and RL good diversifiers for each other?
Reasonably. At 0.36, LULU and RL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between LULU and RL?
As of 2026-08-27, the correlation of weekly returns between LULU and RL is 0.36 over 3 years, 0.46 over 1 year and 0.42 over 5 years.
Is RL a good diversifier for LULU?
Reasonably. At 0.36, LULU and RL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.36 mean?
A reading of 0.36 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/lulu-vs-rl.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lulu-vs-rl/)
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Related comparisons
Hubs: LULU correlations · RL correlations
