LUV correlations (Southwest Airlines)
LUV measured against 4756 US stocks and ETFs: closest co-movers on one side, the best offsets on the other, all from weekly returns.
Data as of 2026-08-27 · refreshed every trading day · Industrials · Passenger Airlines
Volatility (ann.)
40.5%
3y weekly
Beta vs S&P 500
1.11
3y weekly
1-year return
+22.0%
price, adjusted
5-year return
-12.3%
price, adjusted
Market cap
$19.5B
latest
P/E ratio
25.5
trailing
Dividend yield
1.77%
trailing
Max drawdown
-33.5%
3y, daily closes
LUV over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with LUV
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| JETS | US Global Jets ETF | 0.75 | |
| ALGT | Allegiant Travel Company | 0.60 | |
| JBLU | JetBlue Airways Corporation | 0.59 | |
| AAL | American Airlines Group, Inc. | 0.58 | |
| DAL | Delta Air Lines | 0.57 | |
| UAL | United Airlines Holdings | 0.57 | |
| RNST | Renasant Corporation | 0.56 | |
| HBAN | Huntington Bancshares | 0.56 | |
| ULCC | Frontier Group Holdings, Inc. | 0.55 | |
| AUB | Atlantic Union Bankshares Corporation | 0.55 | |
| SFNC | Simmons First National Corporation | 0.55 | |
| WTFC | Wintrust Financial Corporation | 0.54 | |
| PPG | PPG Industries | 0.54 | |
| MTB | M&T Bank | 0.54 | |
| PNFP | Pinnacle Financial Partners, Inc. | 0.54 |
Best diversifiers for LUV
The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from LUV.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.41 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.38 | |
| USO | United States Oil Fund | -0.31 | |
| KGEI | Kolibri Global Energy Inc. | -0.26 | |
| ANNA | AleAnna, Inc. | -0.24 | |
| DJP | iPath Bloomberg Commodity Index Total Return ETN | -0.22 | |
| MOBX | Mobix Labs, Inc. | -0.22 | |
| AGRO | Adecoagro S.A. | -0.22 | |
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.21 | |
| PAPL | Pineapple Financial Inc. | -0.20 |
LUV vs benchmarks
LUV vs its peers
Get LUV data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/luv.jsonCorrelations, diversifiers, beta and volatility for LUV, plus one endpoint per pair. API documentation.
