ABTC vs VXX: Correlation
How closely do American Bitcoin Corp. (ABTC) 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 -0.30, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABTC and VXX?
On 3 years of weekly data the ABTC/VXX correlation comes out at -0.30, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.21) sits close to the 3-year figure. The 5-year figure is -0.27, and annualized covariance runs at -3022.0 %².
VXX is close to the least connected end of ABTC's tracked universe, ranking #12 of 13. The last year tells two different stories: VXX led by 40.6 percentage points, -90.3% for ABTC against -49.7% for VXX. Risk is not evenly split, since ABTC carries 2.7 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.
ABTC vs VXX: side by side
| ABTC (American Bitcoin Corp.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -90.3% | -49.7% |
| 5-year return | -100.0% | -95.6% |
| Volatility (ann.) | 163.6% | 60.9% |
| Beta vs S&P 500 | 4.24 | -3.31 |
| Max drawdown (3Y) | -99.3% | -83.3% |
| Market cap | $1.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABTC | VXX |
|---|---|---|
| 2022 | -98.0% | -23.8% |
| 2023 | -37.0% | -72.5% |
| 2024 | -95.4% | -26.2% |
| 2025 | -15.2% | -42.2% |
| 2026 | -65.6% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABTC and VXX good diversifiers for each other?
Yes. With a correlation of -0.30, ABTC and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ABTC and VXX?
Using weekly returns as of 2026-08-27: -0.30 over 3 years, with -0.21 over the last year and -0.27 over 5 years.
Is VXX a good diversifier for ABTC?
Yes. With a correlation of -0.30, ABTC and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.30 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/abtc-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/abtc-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ABTC correlations · VXX correlations
