LBTYK vs VICI: Correlation
How closely do Liberty Global Ltd. - Class C (LBTYK) and Vici Properties (VICI) trade together? Their weekly returns over three years give a correlation of 0.43, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LBTYK and VICI?
Over the past 3 years, LBTYK and VICI moved with a correlation of 0.43, which is moderate. Recent behaviour matches the longer record: 0.41 over 1 year against 0.43 over 3. Over 5 years the correlation is 0.46, and the annualized covariance of weekly returns is 232.1 %².
VICI is one of the assets that tracks LBTYK most closely: it ranks #2 out of the 10 assets we track against LBTYK. Twelve-month performance is nearly a tie, at -14.4% for LBTYK and -18.7% for VICI. One caveat on sizing: LBTYK is 1.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
LBTYK vs VICI: side by side
| LBTYK (Liberty Global Ltd. - Class C) | VICI (Vici Properties) | |
|---|---|---|
| 1-year return | -14.4% | -18.7% |
| 5-year return | -31.3% | +9.9% |
| Volatility (ann.) | 29.7% | 18.0% |
| Beta vs S&P 500 | 0.45 | 0.35 |
| Max drawdown (3Y) | -36.4% | -19.1% |
| Market cap | $3.5B | $28.4B |
| P/E (trailing) | – | 10.1 |
| Dividend yield | 0.00% | 6.92% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | LBTYK | VICI |
|---|---|---|
| 2022 | -30.8% | +13.0% |
| 2023 | -4.1% | +3.6% |
| 2024 | +34.6% | -3.1% |
| 2025 | -16.0% | +1.9% |
| 2026 | -6.9% | -5.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LBTYK and VICI good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between LBTYK and VICI?
Using weekly returns as of 2026-08-27: 0.43 over 3 years, with 0.41 over the last year and 0.46 over 5 years.
Is VICI a good diversifier for LBTYK?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.43 mean?
A reading of 0.43 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/lbtyk-vs-vici.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lbtyk-vs-vici/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LBTYK correlations · VICI correlations
