LUCY vs VICI: Correlation
Innovative Eyewear, Inc. (LUCY) and Vici Properties (VICI) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LUCY and VICI?
Over the past 3 years, LUCY and VICI moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.18) sits close to the 3-year figure. Over 5 years the correlation is -0.12, and the annualized covariance of weekly returns is -1018.4 %².
Within LUCY's tracked universe of 16 assets, VICI comes in at #10 by 3-year correlation. Correlation aside, the last 12 months split them widely, with VICI ahead by 33.0 points (-51.7% versus -18.7%). Risk is not evenly split, since LUCY carries 14.4 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.
LUCY vs VICI: side by side
| LUCY (Innovative Eyewear, Inc.) | VICI (Vici Properties) | |
|---|---|---|
| 1-year return | -51.7% | -18.7% |
| 5-year return | n/a | +9.9% |
| Volatility (ann.) | 259.2% | 18.0% |
| Beta vs S&P 500 | 1.73 | 0.35 |
| Max drawdown (3Y) | -96.7% | -19.1% |
| Market cap | – | $28.4B |
| P/E (trailing) | – | 10.1 |
| Dividend yield | 0.00% | 6.92% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | LUCY | VICI |
|---|---|---|
| 2022 | – | +13.0% |
| 2023 | -69.2% | +3.6% |
| 2024 | -41.7% | -3.1% |
| 2025 | -79.7% | +1.9% |
| 2026 | -5.6% | -5.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LUCY and VICI good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between LUCY and VICI?
The LUCY/VICI correlation stands at -0.22 on a 3-year window (1 year: -0.18, 5 years: -0.12), computed from weekly returns as of 2026-08-27.
Is VICI a good diversifier for LUCY?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/lucy-vs-vici.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lucy-vs-vici/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LUCY correlations · VICI correlations
