LFST vs LUCY: Correlation
LifeStance Health Group, Inc. (LFST) and Innovative Eyewear, Inc. (LUCY) show a negative relationship: their 3-year correlation of weekly returns is -0.26.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LFST and LUCY?
Across a 3-year window, the weekly returns of LFST and LUCY correlate at -0.26, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.10) than the 3-year average (-0.26). Stretching to 5 years gives -0.16, with an annualized covariance of -3250.4 %².
LUCY is close to the least connected end of LFST's tracked universe, ranking #11 of 11. The last year tells two different stories: LFST led by 175.7 percentage points, +124.0% for LFST against -51.7% for LUCY. Note the risk asymmetry: LUCY runs 5.3 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.
LFST vs LUCY: side by side
| LFST (LifeStance Health Group, Inc.) | LUCY (Innovative Eyewear, Inc.) | |
|---|---|---|
| 1-year return | +124.0% | -51.7% |
| 5-year return | -15.6% | n/a |
| Volatility (ann.) | 49.0% | 259.2% |
| Beta vs S&P 500 | 0.73 | 1.73 |
| Max drawdown (3Y) | -56.5% | -96.7% |
| Market cap | $4.7B | – |
| P/E (trailing) | 94.6 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LFST | LUCY |
|---|---|---|
| 2022 | -48.1% | – |
| 2023 | +58.5% | -69.2% |
| 2024 | -5.9% | -41.7% |
| 2025 | -4.5% | -79.7% |
| 2026 | +74.7% | -5.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LFST and LUCY good diversifiers for each other?
Yes. With a correlation of -0.26, LFST and LUCY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between LFST and LUCY?
Using weekly returns as of 2026-08-27: -0.26 over 3 years, with -0.10 over the last year and -0.16 over 5 years.
Is LUCY a good diversifier for LFST?
Yes. With a correlation of -0.26, LFST and LUCY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.26 mean?
A reading of -0.26 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/lfst-vs-lucy.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lfst-vs-lucy/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LFST correlations · LUCY correlations
