ABNB vs VXZ: Correlation
Airbnb (ABNB) 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 -0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABNB and VXZ?
Over the past 3 years, ABNB and VXZ moved with a correlation of -0.41, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.41 lands near the 3-year figure. Over 5 years the correlation is -0.44, and the annualized covariance of weekly returns is -371.0 %².
Among the 32 assets we track against ABNB, VXZ sits near the bottom by co-movement, at rank #31. Correlation aside, the last 12 months split them widely, with ABNB ahead by 58.1 points (+42.0% 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.
ABNB vs VXZ: side by side
| ABNB (Airbnb) | VXZ (iPath Series B S&P 500 VIX Mid-Term Futures ETN) | |
|---|---|---|
| 1-year return | +42.0% | -16.1% |
| 5-year return | +18.2% | -53.1% |
| Volatility (ann.) | 35.2% | 25.6% |
| Beta vs S&P 500 | 1.28 | -1.31 |
| Max drawdown (3Y) | -37.2% | -36.4% |
| Market cap | $110.4B | – |
| P/E (trailing) | 42.9 | – |
| Dividend yield | 0.00% | – |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | ABNB | VXZ |
|---|---|---|
| 2022 | -48.6% | +0.5% |
| 2023 | +59.2% | -44.0% |
| 2024 | -3.5% | -12.7% |
| 2025 | +3.3% | +5.7% |
| 2026 | +35.9% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABNB and VXZ good diversifiers for each other?
By historical standards, yes. A correlation of -0.41 means the two rarely move for the same reasons.
FAQ
What is the correlation between ABNB and VXZ?
The ABNB/VXZ correlation stands at -0.41 on a 3-year window (1 year: -0.41, 5 years: -0.44), computed from weekly returns as of 2026-08-27.
Is VXZ a good diversifier for ABNB?
By historical standards, yes. A correlation of -0.41 means the two rarely move for the same reasons.
What does a correlation of -0.41 mean?
On the −1 to +1 scale, -0.41 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/abnb-vs-vxz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/abnb-vs-vxz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ABNB correlations · VXZ correlations
