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RL vs URBN: Correlation

Measured on weekly returns over the past three years, Ralph Lauren Corporation (RL) and Urban Outfitters, Inc. (URBN) carry a correlation of 0.45, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.45
moderate
Correlation (1Y)
0.44
last 12 months
Correlation (5Y)
0.49
long-run
Ann. covariance
628.4
%² · weekly, annualized

How correlated are RL and URBN?

Over the past 3 years, RL and URBN moved with a correlation of 0.45, which is moderate. Recent behaviour matches the longer record: 0.44 over 1 year against 0.45 over 3. Over 5 years the correlation is 0.49, and the annualized covariance of weekly returns is 628.4 %².

By 3-year correlation, URBN places #21 of the 42 assets tracked against RL. Correlation aside, the last 12 months split them widely, with RL ahead by 19.7 points (+20.7% versus +1.0%).

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.

RL vs URBN: side by side

RL (Ralph Lauren Corporation)URBN (Urban Outfitters, Inc.)
1-year return+20.7%+1.0%
5-year return+232.5%+132.0%
Volatility (ann.)33.6%41.9%
Beta vs S&P 5001.071.09
Max drawdown (3Y)-36.2%-28.5%
Market cap$21.0B$6.7B
P/E (trailing)22.815.2
Dividend yield1.03%0.00%
Sector / categoryConsumer DiscretionaryUS Listed
Lower P/E: URBN 15.2 vs 22.8Higher yield: RL 1.03% vs 0.00%Smaller drawdown: URBN -28.5% vs -36.2%Higher 5y return: RL +232.5% vs +132.0%
-14%0%+34%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. RL · URBN

Year-by-year returns

YearRLURBN
2022-8.4%-18.8%
2023+39.8%+49.6%
2024+62.9%+53.8%
2025+55.0%+37.1%
2026+0.0%+4.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are RL and URBN good diversifiers for each other?

A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between RL and URBN?

The RL/URBN correlation stands at 0.45 on a 3-year window (1 year: 0.44, 5 years: 0.49), computed from weekly returns as of 2026-08-27.

Is URBN a good diversifier for RL?

A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.45 mean?

On the −1 to +1 scale, 0.45 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/rl-vs-urbn.json

RL vs URBN: 3-year weekly correlation 0.45RL vs URBN0.45

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Related comparisons

Hubs: RL correlations · URBN correlations