FFIV vs LRN: Correlation
How closely do F5, Inc. (FFIV) and Stride, Inc. (LRN) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FFIV and LRN?
Over the past 3 years, FFIV and LRN moved with a correlation of 0.38, which is moderate. The link has tightened recently: the 1-year correlation (0.50) runs above the 3-year figure (0.38). Over 5 years the correlation is 0.26, and the annualized covariance of weekly returns is 556.2 %².
Within FFIV's tracked universe of 34 assets, LRN comes in at #21 by 3-year correlation. The last year tells two different stories: FFIV led by 78.9 percentage points, +29.1% for FFIV against -49.8% for LRN. Risk is not evenly split, since LRN carries 2.0 times the volatility of the other side.
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.
FFIV vs LRN: side by side
| FFIV (F5, Inc.) | LRN (Stride, Inc.) | |
|---|---|---|
| 1-year return | +29.1% | -49.8% |
| 5-year return | +99.3% | +147.2% |
| Volatility (ann.) | 26.6% | 54.4% |
| Beta vs S&P 500 | 0.77 | 0.26 |
| Max drawdown (3Y) | -34.7% | -64.1% |
| Market cap | $23.2B | $3.5B |
| P/E (trailing) | 31.8 | 11.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | FFIV | LRN |
|---|---|---|
| 2022 | -41.4% | -6.2% |
| 2023 | +24.7% | +89.8% |
| 2024 | +40.5% | +75.1% |
| 2025 | +1.5% | -37.5% |
| 2026 | +60.7% | +31.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FFIV and LRN good diversifiers for each other?
Reasonably. At 0.38, FFIV and LRN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between FFIV and LRN?
As of 2026-08-27, the correlation of weekly returns between FFIV and LRN is 0.38 over 3 years, 0.50 over 1 year and 0.26 over 5 years.
Is LRN a good diversifier for FFIV?
Reasonably. At 0.38, FFIV and LRN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.38 mean?
On the −1 to +1 scale, 0.38 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/ffiv-vs-lrn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ffiv-vs-lrn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FFIV correlations · LRN correlations
