LARK vs VXZ: Correlation
Measured on weekly returns over the past three years, Landmark Bancorp Inc. (LARK) and iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) carry a correlation of -0.24, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LARK and VXZ?
On 3 years of weekly data the LARK/VXZ correlation comes out at -0.24, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.39 versus -0.24 over 3 years. The 5-year figure is -0.20, and annualized covariance runs at -159.3 %².
VXZ is close to the least connected end of LARK's tracked universe, ranking #11 of 13. The last year tells two different stories: LARK led by 44.3 percentage points, +28.2% for LARK against -16.1% for VXZ.
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.
LARK vs VXZ: side by side
| LARK (Landmark Bancorp Inc.) | VXZ (iPath Series B S&P 500 VIX Mid-Term Futures ETN) | |
|---|---|---|
| 1-year return | +28.2% | -16.1% |
| 5-year return | +66.0% | -53.1% |
| Volatility (ann.) | 26.0% | 25.6% |
| Beta vs S&P 500 | 0.35 | -1.31 |
| Max drawdown (3Y) | -20.7% | -36.4% |
| Market cap | $0.2B | – |
| P/E (trailing) | 9.8 | – |
| Dividend yield | 2.57% | – |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LARK | VXZ |
|---|---|---|
| 2022 | -18.5% | +0.5% |
| 2023 | -4.2% | -44.0% |
| 2024 | +32.6% | -12.7% |
| 2025 | +18.2% | +5.7% |
| 2026 | +23.6% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LARK and VXZ good diversifiers for each other?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
FAQ
What is the correlation between LARK and VXZ?
Using weekly returns as of 2026-08-27: -0.24 over 3 years, with -0.39 over the last year and -0.20 over 5 years.
Is VXZ a good diversifier for LARK?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
What does a correlation of -0.24 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/lark-vs-vxz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lark-vs-vxz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LARK correlations · VXZ correlations
