LTRN vs VXX: Correlation
Lantern Pharma Inc. (LTRN) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) show a negative relationship: their 3-year correlation of weekly returns is -0.29.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LTRN and VXX?
On 3 years of weekly data the LTRN/VXX correlation comes out at -0.29, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.39) runs below the 3-year figure (-0.29). The 5-year figure is -0.29, and annualized covariance runs at -1877.9 %².
Out of 13 assets tracked against LTRN, VXX lands near the bottom at #12. Their 12-month results are close: -46.7% for LTRN against -49.7% for VXX. Risk is not evenly split, since LTRN carries 1.7 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.
LTRN vs VXX: side by side
| LTRN (Lantern Pharma Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -46.7% | -49.7% |
| 5-year return | -84.2% | -95.6% |
| Volatility (ann.) | 104.8% | 60.9% |
| Beta vs S&P 500 | 2.39 | -3.31 |
| Max drawdown (3Y) | -89.5% | -83.3% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LTRN | VXX |
|---|---|---|
| 2022 | -24.3% | -23.8% |
| 2023 | -29.1% | -72.5% |
| 2024 | -25.5% | -26.2% |
| 2025 | -5.0% | -42.2% |
| 2026 | -28.7% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LTRN and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
FAQ
What is the correlation between LTRN and VXX?
The LTRN/VXX correlation stands at -0.29 on a 3-year window (1 year: -0.39, 5 years: -0.29), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for LTRN?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
What does a correlation of -0.29 mean?
A reading of -0.29 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/ltrn-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ltrn-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LTRN correlations · VXX correlations
