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LPSN vs VXZ: Correlation

Measured on weekly returns over the past three years, LivePerson, Inc. (LPSN) and iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) carry a correlation of -0.28, a negative link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.28
negative
Correlation (1Y)
-0.29
last 12 months
Correlation (5Y)
-0.30
long-run
Ann. covariance
-740.7
%² · weekly, annualized

How correlated are LPSN and VXZ?

Across a 3-year window, the weekly returns of LPSN and VXZ correlate at -0.28, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.29 lands near the 3-year figure. Stretching to 5 years gives -0.30, with an annualized covariance of -740.7 %².

VXZ is close to the least connected end of LPSN's tracked universe, ranking #14 of 14. Their recent paths diverged sharply: over the last 12 months VXZ outperformed by 66.8 percentage points (-82.9% for LPSN against -16.1% for VXZ). Risk is not evenly split, since LPSN carries 4.1 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.

LPSN vs VXZ: side by side

LPSN (LivePerson, Inc.)VXZ (iPath Series B S&P 500 VIX Mid-Term Futures ETN)
1-year return-82.9%-16.1%
5-year return-99.7%-53.1%
Volatility (ann.)105.2%25.6%
Beta vs S&P 5002.05-1.31
Max drawdown (3Y)-97.8%-36.4%
Market cap
P/E (trailing)
Dividend yield0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: VXZ -36.4% vs -97.8%Higher 5y return: VXZ -53.1% vs -99.7%
-89%0%+9%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. LPSN · VXZ

Year-by-year returns

YearLPSNVXZ
2022-71.6%+0.5%
2023-62.6%-44.0%
2024-59.9%-12.7%
2025-83.0%+5.7%
2026-27.9%-10.5%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are LPSN and VXZ good diversifiers for each other?

Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between LPSN and VXZ?

Using weekly returns as of 2026-08-27: -0.28 over 3 years, with -0.29 over the last year and -0.30 over 5 years.

Is VXZ a good diversifier for LPSN?

Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.28 mean?

A reading of -0.28 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/lpsn-vs-vxz.json

LPSN vs VXZ: 3-year weekly correlation -0.28LPSN vs VXZ-0.28

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Related comparisons

Hubs: LPSN correlations · VXZ correlations