LW vs VNCE: Correlation
Measured on weekly returns over the past three years, Lamb Weston Holdings, Inc. (LW) and Vince Holding Corp. (VNCE) carry a correlation of -0.23, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LW and VNCE?
Over the past 3 years, LW and VNCE moved with a correlation of -0.23, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.13 lands near the 3-year figure. Over 5 years the correlation is -0.19, and the annualized covariance of weekly returns is -1684.9 %².
Among the 17 assets we track against LW, VNCE ranks #9 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months VNCE outperformed by 450.3 percentage points (-0.3% for LW against +450.0% for VNCE). Note the risk asymmetry: VNCE runs 3.8 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 VNCE: side by side
| LW (Lamb Weston Holdings, Inc.) | VNCE (Vince Holding Corp.) | |
|---|---|---|
| 1-year return | -0.3% | +450.0% |
| 5-year return | -6.1% | +11.6% |
| Volatility (ann.) | 43.2% | 166.2% |
| Beta vs S&P 500 | 0.44 | 1.03 |
| Max drawdown (3Y) | -63.1% | -74.8% |
| Market cap | $7.5B | $0.1B |
| P/E (trailing) | 26.6 | 11.2 |
| Dividend yield | 2.71% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LW | VNCE |
|---|---|---|
| 2022 | +42.9% | -1.8% |
| 2023 | +22.3% | -55.8% |
| 2024 | -37.0% | +5.2% |
| 2025 | -35.7% | +12.1% |
| 2026 | +34.1% | +91.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LW and VNCE good diversifiers for each other?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between LW and VNCE?
The LW/VNCE correlation stands at -0.23 on a 3-year window (1 year: -0.13, 5 years: -0.19), computed from weekly returns as of 2026-08-27.
Is VNCE a good diversifier for LW?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.23 mean?
On the −1 to +1 scale, -0.23 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/lw-vs-vnce.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lw-vs-vnce/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LW correlations · VNCE correlations
