LTC vs VXZ: Correlation
Measured on weekly returns over the past three years, LTC Properties, Inc. (LTC) and iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) carry a correlation of -0.31, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LTC and VXZ?
On 3 years of weekly data the LTC/VXZ correlation comes out at -0.31, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.20 versus -0.31 over 3 years. The 5-year figure is -0.36, and annualized covariance runs at -138.9 %².
Out of 14 assets tracked against LTC, VXZ lands near the bottom at #14. Correlation aside, the last 12 months split them widely, with LTC ahead by 34.7 points (+18.6% versus -16.1%).
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.
LTC vs VXZ: side by side
| LTC (LTC Properties, Inc.) | VXZ (iPath Series B S&P 500 VIX Mid-Term Futures ETN) | |
|---|---|---|
| 1-year return | +18.6% | -16.1% |
| 5-year return | +63.7% | -53.1% |
| Volatility (ann.) | 17.7% | 25.6% |
| Beta vs S&P 500 | 0.22 | -1.31 |
| Max drawdown (3Y) | -14.5% | -36.4% |
| Market cap | $2.2B | – |
| P/E (trailing) | 14.5 | – |
| Dividend yield | 5.63% | – |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LTC | VXZ |
|---|---|---|
| 2022 | +10.5% | +0.5% |
| 2023 | -3.2% | -44.0% |
| 2024 | +14.9% | -12.7% |
| 2025 | +6.2% | +5.7% |
| 2026 | +23.1% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LTC and VXZ good diversifiers for each other?
By historical standards, yes. A correlation of -0.31 means the two rarely move for the same reasons.
FAQ
What is the correlation between LTC and VXZ?
As of 2026-08-27, the correlation of weekly returns between LTC and VXZ is -0.31 over 3 years, -0.20 over 1 year and -0.36 over 5 years.
Is VXZ a good diversifier for LTC?
By historical standards, yes. A correlation of -0.31 means the two rarely move for the same reasons.
What does a correlation of -0.31 mean?
A reading of -0.31 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/ltc-vs-vxz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ltc-vs-vxz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LTC correlations · VXZ correlations
