LOPE vs LRN: Correlation
How closely do Grand Canyon Education, Inc. (LOPE) and Stride, Inc. (LRN) trade together? Their weekly returns over three years give a correlation of 0.40, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LOPE and LRN?
Over the past 3 years, LOPE and LRN moved with a correlation of 0.40, which is moderate. The relationship has been stable: the 1-year correlation (0.47) sits close to the 3-year figure. Over 5 years the correlation is 0.23, and the annualized covariance of weekly returns is 699.7 %².
By 3-year correlation, LRN places #11 of the 17 assets tracked against LOPE. The last year tells two different stories: LOPE led by 23.6 percentage points, -26.2% for LOPE against -49.8% for LRN. Note the risk asymmetry: LRN runs 1.7 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.
LOPE vs LRN: side by side
| LOPE (Grand Canyon Education, Inc.) | LRN (Stride, Inc.) | |
|---|---|---|
| 1-year return | -26.2% | -49.8% |
| 5-year return | +69.3% | +147.2% |
| Volatility (ann.) | 32.2% | 54.4% |
| Beta vs S&P 500 | 0.86 | 0.26 |
| Max drawdown (3Y) | -38.0% | -64.1% |
| Market cap | $3.9B | $3.5B |
| P/E (trailing) | 18.0 | 11.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LOPE | LRN |
|---|---|---|
| 2022 | +23.3% | -6.2% |
| 2023 | +25.0% | +89.8% |
| 2024 | +24.1% | +75.1% |
| 2025 | +1.5% | -37.5% |
| 2026 | -9.7% | +31.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LOPE and LRN good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between LOPE and LRN?
As of 2026-08-27, the correlation of weekly returns between LOPE and LRN is 0.40 over 3 years, 0.47 over 1 year and 0.23 over 5 years.
Is LRN a good diversifier for LOPE?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.40 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/lope-vs-lrn.json
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Related comparisons
Hubs: LOPE correlations · LRN correlations
