LEVI vs. LULU
LEVI (Levi Strauss & Co.) and LULU (Lululemon Athletica Inc.) are both stocks. Both are in the Consumer Cyclical sector — LEVI in Apparel Manufacturing, LULU in Apparel Retail. Over the past 5 years, LEVI returned -0.23%/yr vs -17.49%/yr for LULU. At a 0.40 correlation, their price movements are largely independent.
Performance
LEVI vs. LULU - Performance Comparison
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Returns By Period
In the year-to-date period, LEVI achieves a 10.45% return, which is significantly higher than LULU's -39.35% return.
LEVI
- 1D
- -1.05%
- 1M
- 2.40%
- YTD
- 10.45%
- 6M
- 2.08%
- 1Y
- 36.08%
- 3Y*
- 22.22%
- 5Y*
- -0.23%
- 10Y*
- —
LULU
- 1D
- -0.35%
- 1M
- -2.29%
- YTD
- -39.35%
- 6M
- -30.87%
- 1Y
- -62.37%
- 3Y*
- -29.87%
- 5Y*
- -17.49%
- 10Y*
- 6.48%
LEVI vs. LULU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
LEVI Levi Strauss & Co. | 10.45% | 23.42% | 7.50% | 9.99% | -36.47% | 25.91% | 5.18% | -13.25% |
LULU Lululemon Athletica Inc. | -39.35% | -45.66% | -25.21% | 59.59% | -18.16% | 12.48% | 50.23% | 55.58% |
Correlation
The correlation between LEVI and LULU is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Mar 22, 2019 | 0.40 |
The correlation between LEVI and LULU shifts across timeframes, from 0.40 (all time) to 0.54 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
LEVI:
$1.56
LULU:
$14.61
LEVI:
14.51
LULU:
8.62
LEVI:
0.54
LULU:
0.42
LEVI:
1.38
LULU:
1.36
LEVI:
$6.50B
LULU:
$11.07B
LEVI:
$4.01B
LULU:
$6.47B
LEVI:
$850.90M
LULU:
$2.95B
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Return for Risk
LEVI vs. LULU — Risk / Return Rank
LEVI
LULU
LEVI vs. LULU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Levi Strauss & Co. (LEVI) and Lululemon Athletica Inc. (LULU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| LEVI | LULU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.33 | ||
| Sortino ratioReturn per unit of downside risk | +3.75 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 0.71 | +0.50 |
| Calmar ratioReturn relative to maximum drawdown | 1.37 | -0.97 | +2.34 |
| Martin ratioReturn relative to average drawdown | 3.09 | -1.35 | +4.44 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LEVI | LULU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.01 | -1.31 | +2.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.01 | -0.42 | +0.41 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.16 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.25 | -0.20 |
Drawdowns
LEVI vs. LULU - Drawdown Comparison
The maximum LEVI drawdown since its inception was -59.85%, smaller than the maximum LULU drawdown of -92.26%. Use the drawdown chart below to compare losses from any high point for LEVI and LULU.
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Drawdown Indicators
| LEVI | LULU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.85% | -92.26% | +32.41% |
Max Drawdown (1Y)Largest decline over 1 year | -26.40% | -64.46% | +38.06% |
Max Drawdown (3Y)Largest decline over 3 years | -47.47% | -76.70% | +29.23% |
Max Drawdown (5Y)Largest decline over 5 years | -54.74% | -76.70% | +21.96% |
Max Drawdown (10Y)Largest decline over 10 years | — | -76.70% | — |
Current DrawdownCurrent decline from peak | -15.23% | -75.35% | +60.12% |
Average DrawdownAverage peak-to-trough decline | -30.17% | -27.54% | -2.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.70% | 46.25% | -34.55% |
Volatility
LEVI vs. LULU - Volatility Comparison
The current volatility for Levi Strauss & Co. (LEVI) is 9.08%, while Lululemon Athletica Inc. (LULU) has a volatility of 9.72%. This indicates that LEVI experiences smaller price fluctuations and is considered to be less risky than LULU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LEVI | LULU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.08% | 9.72% | -0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 24.63% | 31.58% | -6.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.85% | 47.75% | -11.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.57% | 42.04% | -2.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.52% | 40.54% | +2.98% |
Dividends
LEVI vs. LULU - Dividend Comparison
LEVI's dividend yield for the trailing twelve months is around 2.48%, while LULU has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
LEVI Levi Strauss & Co. | 2.48% | 2.60% | 2.89% | 2.90% | 2.84% | 1.04% | 0.80% | 0.78% |
LULU Lululemon Athletica Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
LEVI vs. LULU - Financials Comparison
This section allows you to compare key financial metrics between Levi Strauss & Co. and Lululemon Athletica Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
LEVI vs. LULU - Profitability Comparison
LEVI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Levi Strauss & Co. reported a gross profit of 1.08B and revenue of 1.74B. Therefore, the gross margin over that period was 61.9%.
LULU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lululemon Athletica Inc. reported a gross profit of 1.43B and revenue of 2.57B. Therefore, the gross margin over that period was 55.6%.
LEVI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Levi Strauss & Co. reported an operating income of 198.70M and revenue of 1.74B, resulting in an operating margin of 11.4%.
LULU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lululemon Athletica Inc. reported an operating income of 444.69M and revenue of 2.57B, resulting in an operating margin of 17.3%.
LEVI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Levi Strauss & Co. reported a net income of 175.80M and revenue of 1.74B, resulting in a net margin of 10.1%.
LULU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lululemon Athletica Inc. reported a net income of 306.84M and revenue of 2.57B, resulting in a net margin of 12.0%.
Frequently Asked Questions
LEVI and LULU have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LULU has higher volatility (9.72%) compared to LEVI (9.08%). In terms of maximum drawdown, LEVI dropped -59.85% vs LULU's -92.26%.
LEVI currently has the higher Sharpe Ratio (1.01 vs -1.31), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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