LICN vs VTI: Correlation
How closely do Lichen International Limited - Class A (LICN) and Vanguard Total Stock Market ETF (VTI) trade together? Their weekly returns over three years give a correlation of -0.14, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LICN and VTI?
Over the past 3 years, LICN and VTI moved with a correlation of -0.14, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.11) than the 3-year average (-0.14). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -17776.8 %².
Among the 85 assets we track against LICN, VTI ranks #13 by 3-year correlation. Correlation aside, the last 12 months split them widely, with VTI ahead by 95.4 points (-74.7% versus +20.7%). Risk is not evenly split, since LICN carries 584.1 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.
LICN vs VTI: side by side
| LICN (Lichen International Limited - Class A) | VTI (Vanguard Total Stock Market ETF) | |
|---|---|---|
| 1-year return | -74.7% | +20.7% |
| 5-year return | n/a | +74.8% |
| Volatility (ann.) | 8528.0% | 14.6% |
| Beta vs S&P 500 | -80.22 | 1.01 |
| Max drawdown (3Y) | -98.4% | -19.3% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 1.06% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $2,290.0B |
| Sector / category | US Listed | ETF · US Large Cap |
VTI, Vanguard's Large Blend fund, carries $2,290.0B under management, 3140 holdings, a 0.03% expense ratio, a 1.06% trailing dividend yield.
Year-by-year returns
| Year | LICN | VTI |
|---|---|---|
| 2022 | – | -19.5% |
| 2023 | – | +26.0% |
| 2024 | -91.0% | +23.8% |
| 2025 | +1484.3% | +17.1% |
| 2026 | -56.7% | +14.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LICN and VTI good diversifiers for each other?
Yes. With a correlation of -0.14, LICN and VTI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between LICN and VTI?
Using weekly returns as of 2026-08-27: -0.14 over 3 years, with 0.11 over the last year and n/a over 5 years.
Is VTI a good diversifier for LICN?
Yes. With a correlation of -0.14, LICN and VTI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.14 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/licn-vs-vti.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/licn-vs-vti/)
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Related comparisons
Hubs: LICN correlations · VTI correlations
