Southwest Airlines Co. (LUV)
LUV · Industrials · 
United States
Southwest Airlines Co. (LUV) is a US company in the Industrials sector. The stock has its largest weight in XDEW (S&P 500 Equal Weight), at 0.22%. Anyone who holds an ETF containing Southwest Airlines also has an indirect stake in the company.
Data and Charts: Southwest Airlines
Key Data for Southwest Airlines
Southwest Airlines Stock Price Chart
The Southwest Airlines chart shows daily closing prices and is set to the current year by default. The stock is up 2.7% year to date and up 41.0% over twelve months. The last recorded close on October 30, 2026, was $42.43, at 51% of the 52-week range.
Price series from our database since Aug 12, 2024, 558 daily values.
Southwest Airlines Stock Performance
| Year to date | +2.7% | 1 year | +41.0% |
|---|---|---|---|
| 1 month | +1.9% | 3 months | -5.6% |
| Calendar year 2025 | +22.9% |
Measured in euros, Southwest Airlines is up 8.0% year to date and up 45.8% over twelve months. The difference from the dollar figures above comes from the exchange rate alone. Each daily price is converted at the ECB euro reference rate for that day.
Alysly Data Analysis: Southwest Airlines
What ETF Is Southwest Airlines In?
Southwest Airlines has average ETF coverage and is held by 4 of the 104 ETFs we track, which together follow 2 indices. That puts the stock in more ETFs than 41.1% of the 4,341 stocks we track.
| ETF | Index | Weight | per €1,000 in the ETF |
|---|---|---|---|
| XDEW | S&P 500 Equal Weight | 0.22% | €2.20 |
| SPYL / SPY5 | S&P 500 | 0.03% | €0.31 |
| SXR8 | S&P 500 | 0.03% | €0.30 |
The last column shows how much of €1,000 in one of these funds goes to Southwest Airlines, based on each fund's latest holdings list.
US-listed ETFs holding Southwest Airlines (weight per latest SEC filing): VYM 0.08%, IVV 0.04%, SPY 0.04%, VOO 0.04%, VTI 0.03%. These funds are registered in the US; retail investors in the EU usually cannot buy them.
Southwest Airlines Weight in iShares Core S&P 500 (SXR8) Since 2019
In iShares Core S&P 500 (SXR8), Southwest Airlines had a weight of 0.11% on Sep 30, 2019 and 0.03% on Oct 30, 2026. The fund tracks the S&P 500. Its share peaked at 0.11% on Sep 30, 2019. The weight rises and falls with the stock's price performance relative to the other index members. It can also change when the index provider adjusts the index composition.
What's Inside Your ETF Portfolio and the ETF overlap check show how much Southwest Airlines overlaps with the rest of a portfolio.
Which Tracked Investors Hold Southwest Airlines?
Southwest Airlines is not among the largest purchases in the quarter ending Jun 30, 2026. The list is led by GOOGL, DAL and NEBIUS GROUP N.V. The only manager we track that holds Southwest Airlines increased its position.
| Investor | Shares | Value | Quarter |
|---|---|---|---|
| Bridgewater Associates | 1,022,946 | $53M | increased by 322,578 |
As of Jun 30, 2026. Based on quarterly filings with the US securities regulator, submitted up to 45 days after the reference date. The change counts shares, not price gains.
Stocks With ETF Exposure Similar to Southwest Airlines
| Stock | Shared ETFs | r | 1 year | Annualized volatility | Net margin | Revenue growth |
|---|---|---|---|---|---|---|
| Southwest Airlines | – | – | +41.0% | 41.5% | 1.6% | +2.1% |
| News Corporation | 4 | – | +4.0% | 24.8% | – | – |
| Skydance Corporation | 4 | – | – | – | -21.2% | -1.5% |
| Invesco | 4 | – | +18.2% | 36.2% | -11.4% | +5.1% |
| Allegion Public Limited Company | 4 | – | +12.8% | 26.7% | 15.8% | +7.8% |
| Generac Holdings | 4 | – | +19.4% | 50.1% | 3.8% | -2.0% |
| Huntington Ingalls Industries | 4 | – | -0.7% | 41.1% | 4.8% | +8.2% |
| Align Technology | 4 | – | +8.3% | 45.9% | 10.2% | +0.9% |
| Aptiv PLC | 4 | – | -46.5% | 40.3% | 0.8% | +3.5% |
These stocks reach a portfolio through largely the same funds as Southwest Airlines. “Shared ETFs” counts the funds that hold both.
Return and volatility are calculated from our daily closing prices in US dollars. Margin and growth come from each company's latest SEC annual filing. Because fiscal years do not end on the same date for every company, the underlying periods are not fully identical.
Fundamental Analysis: Southwest Airlines
Southwest Airlines Key Financials
Figures come from the SEC annual filing for the latest reported fiscal year (period end Dec 31, 2025).
| Fiscal year | Revenue | Net income | Margin |
|---|---|---|---|
| FY ended Dec 2023 | 26.1 | 0.5 | 1.8% |
| FY ended Dec 2024 | 27.5 | 0.5 | 1.7% |
| FY ended Dec 2025 | 28.1 | 0.4 | 1.6% |
Technical Analysis: Southwest Airlines
Southwest Airlines Risk Metrics
The close on Oct 30, 2026, was 22.6% below the highest close since Aug 12, 2024. That high was reached on Feb 18, 2026. When the S&P 500 rose or fell 1%, Southwest Airlines moved 1.62% on average in the same direction (past 252 trading days). The correlation of 0.47 shows a clear but not close link to the broad market. Accordingly, moves in the S&P 500 explain part of the daily price moves of Southwest Airlines, but far from all.
What Southwest Airlines Correlates With
| Instrument | r | −1 … +1 |
|---|---|---|
| Delta Air Lines Inc. | +0.83 | |
| United Airlines Holdings Inc. | +0.79 | |
| Russell 2000 | +0.65 | |
| Dow Jones | +0.62 | |
| PPG Industries Inc. | +0.60 | |
| Opendoor Technologies Class A | +0.58 | |
| Equinor ASA | -0.57 | |
| Brent crude oil | -0.56 | |
| Imperial Oil Limited | -0.53 |
The strongest co-movers are listed at the top, the strongest inverse movers at the bottom. Low or negative correlations can help spread risk more broadly across a portfolio.
