LNAI vs VICI: Correlation
Measured on weekly returns over the past three years, Lunai Bioworks Inc. (LNAI) and Vici Properties (VICI) carry a correlation of -0.15, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LNAI and VICI?
On 3 years of weekly data the LNAI/VICI correlation comes out at -0.15, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.25 over 1 year against -0.15 over 3. The 5-year figure is -0.08, and annualized covariance runs at -463.2 %².
By 3-year correlation, VICI places #10 of the 26 assets tracked against LNAI. Their recent paths diverged sharply: over the last 12 months VICI outperformed by 69.9 percentage points (-88.6% for LNAI against -18.7% for VICI). Note the risk asymmetry: LNAI runs 9.4 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.
LNAI vs VICI: side by side
| LNAI (Lunai Bioworks Inc.) | VICI (Vici Properties) | |
|---|---|---|
| 1-year return | -88.6% | -18.7% |
| 5-year return | -99.6% | +9.9% |
| Volatility (ann.) | 169.5% | 18.0% |
| Beta vs S&P 500 | 1.43 | 0.35 |
| Max drawdown (3Y) | -99.6% | -19.1% |
| Market cap | – | $28.4B |
| P/E (trailing) | – | 10.1 |
| Dividend yield | 0.00% | 6.92% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | LNAI | VICI |
|---|---|---|
| 2022 | -85.9% | +13.0% |
| 2023 | +207.8% | +3.6% |
| 2024 | -73.6% | -3.1% |
| 2025 | -89.4% | +1.9% |
| 2026 | -66.7% | -5.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LNAI and VICI good diversifiers for each other?
Yes: at -0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between LNAI and VICI?
Using weekly returns as of 2026-08-27: -0.15 over 3 years, with -0.25 over the last year and -0.08 over 5 years.
Is VICI a good diversifier for LNAI?
Yes: at -0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.15 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/lnai-vs-vici.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lnai-vs-vici/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LNAI correlations · VICI correlations
