LOPE vs TASK: Correlation
Grand Canyon Education, Inc. (LOPE) and TaskUs, Inc. (TASK) show a moderate relationship: their 3-year correlation of weekly returns is 0.53.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LOPE and TASK?
Over the past 3 years, LOPE and TASK moved with a correlation of 0.53, which is moderate. The link has loosened recently: the 1-year correlation (0.38) runs below the 3-year figure (0.53). Over 5 years the correlation is 0.45, and the annualized covariance of weekly returns is 988.5 %².
Within LOPE's tracked universe of 17 assets, TASK comes in at #5 by 3-year correlation. Neither side won the trailing year by much: -26.2% against -27.6%. Risk is not evenly split, since TASK carries 1.8 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.
LOPE vs TASK: side by side
| LOPE (Grand Canyon Education, Inc.) | TASK (TaskUs, Inc.) | |
|---|---|---|
| 1-year return | -26.2% | -27.6% |
| 5-year return | +69.3% | -78.6% |
| Volatility (ann.) | 32.2% | 58.0% |
| Beta vs S&P 500 | 0.86 | 1.30 |
| Max drawdown (3Y) | -38.0% | -63.0% |
| Market cap | $3.9B | $0.8B |
| P/E (trailing) | 18.0 | 6.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LOPE | TASK |
|---|---|---|
| 2022 | +23.3% | -68.7% |
| 2023 | +25.0% | -22.7% |
| 2024 | +24.1% | +29.6% |
| 2025 | +1.5% | -30.4% |
| 2026 | -9.7% | +6.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LOPE and TASK good diversifiers for each other?
To a limited degree. At 0.53 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 LOPE and TASK?
The LOPE/TASK correlation stands at 0.53 on a 3-year window (1 year: 0.38, 5 years: 0.45), computed from weekly returns as of 2026-08-27.
Is TASK a good diversifier for LOPE?
To a limited degree. At 0.53 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 0.53 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-task.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lope-vs-task/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LOPE correlations · TASK correlations
