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LUCK vs VXX: Correlation

How closely do Lucky Strike Entertainment Corporation (LUCK) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) trade together? Their weekly returns over three years give a correlation of -0.26, which is negative.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.26
negative
Correlation (1Y)
-0.12
last 12 months
Correlation (5Y)
-0.19
long-run
Ann. covariance
-818.5
%² · weekly, annualized

How correlated are LUCK and VXX?

Over the past 3 years, LUCK and VXX moved with a correlation of -0.26, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.12) runs above the 3-year figure (-0.26). Over 5 years the correlation is -0.19, and the annualized covariance of weekly returns is -818.5 %².

VXX is close to the least connected end of LUCK's tracked universe, ranking #11 of 11. Over the last 12 months LUCK came out ahead by 10.0 percentage points (-39.7% against -49.7%).

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.

LUCK vs VXX: side by side

LUCK (Lucky Strike Entertainment Corporation)VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN)
1-year return-39.7%-49.7%
5-year return-32.9%-95.6%
Volatility (ann.)52.2%60.9%
Beta vs S&P 5001.11-3.31
Max drawdown (3Y)-55.8%-83.3%
Market cap$0.9B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: LUCK -55.8% vs -83.3%Higher 5y return: LUCK -32.9% vs -95.6%
-49%0%+11%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. LUCK · VXX

Year-by-year returns

YearLUCKVXX
2022+49.4%-23.8%
2023+5.0%-72.5%
2024-28.0%-26.2%
2025-13.2%-42.2%
2026-25.1%-31.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are LUCK and VXX good diversifiers for each other?

Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between LUCK and VXX?

The LUCK/VXX correlation stands at -0.26 on a 3-year window (1 year: -0.12, 5 years: -0.19), computed from weekly returns as of 2026-08-27.

Is VXX a good diversifier for LUCK?

Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.26 mean?

On the −1 to +1 scale, -0.26 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/luck-vs-vxx.json

LUCK vs VXX: 3-year weekly correlation -0.26LUCK vs VXX-0.26

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Related comparisons

Hubs: LUCK correlations · VXX correlations