LCUT vs VXZ: Correlation
How closely do Lifetime Brands, Inc. (LCUT) and iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LCUT and VXZ?
Over the past 3 years, LCUT and VXZ moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.11) sits close to the 3-year figure. Over 5 years the correlation is -0.24, and the annualized covariance of weekly returns is -345.6 %².
Among the 10 assets we track against LCUT, VXZ sits near the bottom by co-movement, at rank #9. The last year tells two different stories: LCUT led by 155.6 percentage points, +139.5% for LCUT against -16.1% for VXZ. Risk is not evenly split, since LCUT carries 2.5 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.
LCUT vs VXZ: side by side
| LCUT (Lifetime Brands, Inc.) | VXZ (iPath Series B S&P 500 VIX Mid-Term Futures ETN) | |
|---|---|---|
| 1-year return | +139.5% | -16.1% |
| 5-year return | -41.8% | -53.1% |
| Volatility (ann.) | 64.8% | 25.6% |
| Beta vs S&P 500 | 0.81 | -1.31 |
| Max drawdown (3Y) | -73.3% | -36.4% |
| Market cap | $0.2B | – |
| P/E (trailing) | 6.3 | – |
| Dividend yield | 1.86% | – |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LCUT | VXZ |
|---|---|---|
| 2022 | -51.8% | +0.5% |
| 2023 | -8.9% | -44.0% |
| 2024 | -9.9% | -12.7% |
| 2025 | -30.3% | +5.7% |
| 2026 | +138.9% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LCUT and VXZ good diversifiers for each other?
Yes. With a correlation of -0.21, LCUT and VXZ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between LCUT and VXZ?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.11 over the last year and -0.24 over 5 years.
Is VXZ a good diversifier for LCUT?
Yes. With a correlation of -0.21, LCUT and VXZ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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/lcut-vs-vxz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lcut-vs-vxz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LCUT correlations · VXZ correlations
