LW vs PVH: Correlation
How closely do Lamb Weston Holdings, Inc. (LW) and PVH Corp. (PVH) 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 LW and PVH?
On 3 years of weekly data the LW/PVH correlation comes out at 0.36, moderate. The past 12 months show a weaker link (0.25) than the 3-year average (0.36). The 5-year figure is 0.37, and annualized covariance runs at 685.9 %².
In LW's tracked universe of 17 assets, PVH sits right near the top at #1. Over the last 12 months LW came out ahead by 6.3 percentage points (-0.3% against -6.6%).
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.
LW vs PVH: side by side
| LW (Lamb Weston Holdings, Inc.) | PVH (PVH Corp.) | |
|---|---|---|
| 1-year return | -0.3% | -6.6% |
| 5-year return | -6.1% | -28.0% |
| Volatility (ann.) | 43.2% | 43.7% |
| Beta vs S&P 500 | 0.44 | 1.11 |
| Max drawdown (3Y) | -63.1% | -56.9% |
| Market cap | $7.5B | – |
| P/E (trailing) | 26.6 | 23.8 |
| Dividend yield | 2.71% | 0.19% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LW | PVH |
|---|---|---|
| 2022 | +42.9% | -33.7% |
| 2023 | +22.3% | +73.3% |
| 2024 | -37.0% | -13.3% |
| 2025 | -35.7% | -36.5% |
| 2026 | +34.1% | +13.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LW and PVH good diversifiers for each other?
Reasonably. At 0.36, LW and PVH keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between LW and PVH?
Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.25 over the last year and 0.37 over 5 years.
Is PVH a good diversifier for LW?
Reasonably. At 0.36, LW and PVH 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/lw-vs-pvh.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lw-vs-pvh/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LW correlations · PVH correlations
