LPTH vs VUZI: Correlation
Measured on weekly returns over the past three years, LightPath Technologies, Inc. (LPTH) and Vuzix Corporation (VUZI) carry a correlation of 0.45, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LPTH and VUZI?
Across a 3-year window, the weekly returns of LPTH and VUZI correlate at 0.45, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.64 versus 0.45 over 3 years. Stretching to 5 years gives 0.38, with an annualized covariance of 3888.7 %².
VUZI is one of the assets that tracks LPTH most closely: it ranks #3 out of the 10 assets we track against LPTH. Their recent paths diverged sharply: over the last 12 months LPTH outperformed by 161.3 percentage points (+187.3% for LPTH against +26.0% for VUZI).
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.
LPTH vs VUZI: side by side
| LPTH (LightPath Technologies, Inc.) | VUZI (Vuzix Corporation) | |
|---|---|---|
| 1-year return | +187.3% | +26.0% |
| 5-year return | +499.6% | -79.1% |
| Volatility (ann.) | 79.6% | 108.2% |
| Beta vs S&P 500 | 1.33 | 2.21 |
| Max drawdown (3Y) | -61.1% | -79.6% |
| Market cap | $0.9B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LPTH | VUZI |
|---|---|---|
| 2022 | -50.0% | -58.0% |
| 2023 | +3.3% | -42.6% |
| 2024 | +180.2% | +88.5% |
| 2025 | +205.9% | -4.1% |
| 2026 | +27.7% | -30.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LPTH and VUZI good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between LPTH and VUZI?
As of 2026-08-27, the correlation of weekly returns between LPTH and VUZI is 0.45 over 3 years, 0.64 over 1 year and 0.38 over 5 years.
Is VUZI a good diversifier for LPTH?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 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.
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Related comparisons
Hubs: LPTH correlations · VUZI correlations
