LAUR vs VXX: Correlation
Measured on weekly returns over the past three years, Laureate Education, Inc. (LAUR) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.36, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LAUR and VXX?
On 3 years of weekly data the LAUR/VXX correlation comes out at -0.36, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.21) runs above the 3-year figure (-0.36). The 5-year figure is -0.28, and annualized covariance runs at -604.5 %².
Among the 10 assets we track against LAUR, VXX sits near the bottom by co-movement, at rank #10. The last year tells two different stories: LAUR led by 92.5 percentage points, +42.8% for LAUR against -49.7% for VXX. Note the risk asymmetry: VXX runs 2.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
LAUR vs VXX: side by side
| LAUR (Laureate Education, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +42.8% | -49.7% |
| 5-year return | +426.4% | -95.6% |
| Volatility (ann.) | 27.2% | 60.9% |
| Beta vs S&P 500 | 0.57 | -3.31 |
| Max drawdown (3Y) | -16.3% | -83.3% |
| Market cap | $5.4B | – |
| P/E (trailing) | 17.5 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LAUR | VXX |
|---|---|---|
| 2022 | -9.9% | -23.8% |
| 2023 | +50.2% | -72.5% |
| 2024 | +33.4% | -26.2% |
| 2025 | +84.1% | -42.2% |
| 2026 | +15.9% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LAUR and VXX good diversifiers for each other?
Yes. With a correlation of -0.36, LAUR and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between LAUR and VXX?
As of 2026-08-27, the correlation of weekly returns between LAUR and VXX is -0.36 over 3 years, -0.21 over 1 year and -0.28 over 5 years.
Is VXX a good diversifier for LAUR?
Yes. With a correlation of -0.36, LAUR and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.36 mean?
On the −1 to +1 scale, -0.36 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/laur-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/laur-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LAUR correlations · VXX correlations
