LSPD vs VTI: Correlation
How closely do Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD) and Vanguard Total Stock Market ETF (VTI) trade together? Their weekly returns over three years give a correlation of 0.56, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LSPD and VTI?
Over the past 3 years, LSPD and VTI moved with a correlation of 0.56, which is moderate. The link has loosened recently: the 1-year correlation (0.41) runs below the 3-year figure (0.56). Over 5 years the correlation is 0.61, and the annualized covariance of weekly returns is 395.5 %².
Within LSPD's tracked universe of 17 assets, VTI comes in at #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with VTI ahead by 32.3 points (-11.6% versus +20.7%). Note the risk asymmetry: LSPD runs 3.3 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.
LSPD vs VTI: side by side
| LSPD (Lightspeed Commerce Inc. Subordinate Voting Shares) | VTI (Vanguard Total Stock Market ETF) | |
|---|---|---|
| 1-year return | -11.6% | +20.7% |
| 5-year return | -90.0% | +74.8% |
| Volatility (ann.) | 48.1% | 14.6% |
| Beta vs S&P 500 | 1.83 | 1.01 |
| Max drawdown (3Y) | -62.7% | -19.3% |
| Market cap | $1.4B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 1.06% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $2,290.0B |
| Sector / category | US Listed | ETF · US Large Cap |
VTI, Vanguard's Large Blend fund, carries $2,290.0B under management, 3140 holdings, a 0.03% expense ratio, a 1.06% trailing dividend yield.
Year-by-year returns
| Year | LSPD | VTI |
|---|---|---|
| 2022 | -64.6% | -19.5% |
| 2023 | +46.8% | +26.0% |
| 2024 | -27.4% | +23.8% |
| 2025 | -20.7% | +17.1% |
| 2026 | -10.7% | +14.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LSPD and VTI good diversifiers for each other?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between LSPD and VTI?
Using weekly returns as of 2026-08-27: 0.56 over 3 years, with 0.41 over the last year and 0.61 over 5 years.
Is VTI a good diversifier for LSPD?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.56 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/lspd-vs-vti.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lspd-vs-vti/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LSPD correlations · VTI correlations
