ABR vs VXX: Correlation
Arbor Realty Trust (ABR) 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 -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABR and VXX?
On 3 years of weekly data the ABR/VXX correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.05) than the 3-year average (-0.25). The 5-year figure is -0.34, and annualized covariance runs at -542.1 %².
VXX is close to the least connected end of ABR's tracked universe, ranking #10 of 12. Their 12-month results are close: -51.5% for ABR against -49.7% for VXX. Note the risk asymmetry: VXX runs 1.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
ABR vs VXX: side by side
| ABR (Arbor Realty Trust) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -51.5% | -49.7% |
| 5-year return | -50.7% | -95.6% |
| Volatility (ann.) | 36.0% | 60.9% |
| Beta vs S&P 500 | 0.73 | -3.31 |
| Max drawdown (3Y) | -62.0% | -83.3% |
| Market cap | $1.0B | – |
| P/E (trailing) | 55.9 | – |
| Dividend yield | 18.58% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABR | VXX |
|---|---|---|
| 2022 | -20.7% | -23.8% |
| 2023 | +29.7% | -72.5% |
| 2024 | +3.2% | -26.2% |
| 2025 | -36.7% | -42.2% |
| 2026 | -28.5% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABR and VXX good diversifiers for each other?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ABR and VXX?
As of 2026-08-27, the correlation of weekly returns between ABR and VXX is -0.25 over 3 years, -0.05 over 1 year and -0.34 over 5 years.
Is VXX a good diversifier for ABR?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.25 mean?
On the −1 to +1 scale, -0.25 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/abr-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/abr-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ABR correlations · VXX correlations
