LTBR vs VXX: Correlation
Measured on weekly returns over the past three years, Lightbridge Corporation (LTBR) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.24, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LTBR and VXX?
Across a 3-year window, the weekly returns of LTBR and VXX correlate at -0.24, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.37 versus -0.24 over 3 years. Stretching to 5 years gives -0.22, with an annualized covariance of -1596.8 %².
VXX is close to the least connected end of LTBR's tracked universe, ranking #20 of 21. Their 12-month results are close: -47.6% for LTBR against -49.7% for VXX. Risk is not evenly split, since LTBR 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.
LTBR vs VXX: side by side
| LTBR (Lightbridge Corporation) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -47.6% | -49.7% |
| 5-year return | +32.0% | -95.6% |
| Volatility (ann.) | 111.3% | 60.9% |
| Beta vs S&P 500 | 2.17 | -3.31 |
| Max drawdown (3Y) | -74.0% | -83.3% |
| Market cap | $0.3B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LTBR | VXX |
|---|---|---|
| 2022 | -41.3% | -23.8% |
| 2023 | -17.5% | -72.5% |
| 2024 | +47.4% | -26.2% |
| 2025 | +167.2% | -42.2% |
| 2026 | -35.4% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LTBR and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
FAQ
What is the correlation between LTBR and VXX?
As of 2026-08-27, the correlation of weekly returns between LTBR and VXX is -0.24 over 3 years, -0.37 over 1 year and -0.22 over 5 years.
Is VXX a good diversifier for LTBR?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
What does a correlation of -0.24 mean?
A reading of -0.24 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
$ curl https://www.pairbook.io/api/v1/pairs/ltbr-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ltbr-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LTBR correlations · VXX correlations
