LINC vs LOPE: Correlation
Measured on weekly returns over the past three years, Lincoln Educational Services Corporation (LINC) and Grand Canyon Education, Inc. (LOPE) carry a correlation of 0.51, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LINC and LOPE?
On 3 years of weekly data the LINC/LOPE correlation comes out at 0.51, moderate. The relationship has been stable: the 1-year correlation (0.49) sits close to the 3-year figure. The 5-year figure is 0.39, and annualized covariance runs at 812.2 %².
LOPE is one of the assets that tracks LINC most closely: it ranks #3 out of the 10 assets we track against LINC. Correlation aside, the last 12 months split them widely, with LINC ahead by 55.4 points (+29.2% versus -26.2%). One caveat on sizing: LINC is 1.5 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.
LINC vs LOPE: side by side
| LINC (Lincoln Educational Services Corporation) | LOPE (Grand Canyon Education, Inc.) | |
|---|---|---|
| 1-year return | +29.2% | -26.2% |
| 5-year return | +298.9% | +69.3% |
| Volatility (ann.) | 49.6% | 32.2% |
| Beta vs S&P 500 | 0.89 | 0.86 |
| Max drawdown (3Y) | -55.4% | -38.0% |
| Market cap | $0.8B | $3.9B |
| P/E (trailing) | 35.2 | 18.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LINC | LOPE |
|---|---|---|
| 2022 | -22.5% | +23.3% |
| 2023 | +73.4% | +25.0% |
| 2024 | +57.6% | +24.1% |
| 2025 | +52.7% | +1.5% |
| 2026 | +5.1% | -9.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LINC and LOPE good diversifiers for each other?
To a limited degree. At 0.51 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between LINC and LOPE?
The LINC/LOPE correlation stands at 0.51 on a 3-year window (1 year: 0.49, 5 years: 0.39), computed from weekly returns as of 2026-08-27.
Is LOPE a good diversifier for LINC?
To a limited degree. At 0.51 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.51 mean?
A reading of 0.51 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/linc-vs-lope.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/linc-vs-lope/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LINC correlations · LOPE correlations
