LUCK vs VXZ: Correlation
Lucky Strike Entertainment Corporation (LUCK) and iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LUCK and VXZ?
Over the past 3 years, LUCK and VXZ moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.21 lands near the 3-year figure. Over 5 years the correlation is -0.20, and the annualized covariance of weekly returns is -316.6 %².
Among the 11 assets we track against LUCK, VXZ sits near the bottom by co-movement, at rank #9. The last year tells two different stories: VXZ led by 23.6 percentage points, -39.7% for LUCK against -16.1% for VXZ. Risk is not evenly split, since LUCK carries 2.0 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.
LUCK vs VXZ: side by side
| LUCK (Lucky Strike Entertainment Corporation) | VXZ (iPath Series B S&P 500 VIX Mid-Term Futures ETN) | |
|---|---|---|
| 1-year return | -39.7% | -16.1% |
| 5-year return | -32.9% | -53.1% |
| Volatility (ann.) | 52.2% | 25.6% |
| Beta vs S&P 500 | 1.11 | -1.31 |
| Max drawdown (3Y) | -55.8% | -36.4% |
| Market cap | $0.9B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | – |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LUCK | VXZ |
|---|---|---|
| 2022 | +49.4% | +0.5% |
| 2023 | +5.0% | -44.0% |
| 2024 | -28.0% | -12.7% |
| 2025 | -13.2% | +5.7% |
| 2026 | -25.1% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LUCK and VXZ good diversifiers for each other?
Yes. With a correlation of -0.24, LUCK and VXZ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between LUCK and VXZ?
As of 2026-08-27, the correlation of weekly returns between LUCK and VXZ is -0.24 over 3 years, -0.21 over 1 year and -0.20 over 5 years.
Is VXZ a good diversifier for LUCK?
Yes. With a correlation of -0.24, LUCK and VXZ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.24 mean?
On the −1 to +1 scale, -0.24 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
$ curl https://www.pairbook.io/api/v1/pairs/luck-vs-vxz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/luck-vs-vxz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LUCK correlations · VXZ correlations
