ACEL vs VXX: Correlation
How closely do Accel Entertainment, Inc. (ACEL) 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 -0.31, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACEL and VXX?
On 3 years of weekly data the ACEL/VXX correlation comes out at -0.31, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.29) sits close to the 3-year figure. The 5-year figure is -0.27, and annualized covariance runs at -532.6 %².
VXX is close to the least connected end of ACEL's tracked universe, ranking #16 of 16. The last year tells two different stories: ACEL led by 51.0 percentage points, +1.3% for ACEL against -49.7% for VXX. One caveat on sizing: VXX is 2.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
ACEL vs VXX: side by side
| ACEL (Accel Entertainment, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +1.3% | -49.7% |
| 5-year return | +1.6% | -95.6% |
| Volatility (ann.) | 28.0% | 60.9% |
| Beta vs S&P 500 | 0.73 | -3.31 |
| Max drawdown (3Y) | -26.0% | -83.3% |
| Market cap | $0.9B | – |
| P/E (trailing) | 17.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACEL | VXX |
|---|---|---|
| 2022 | -40.9% | -23.8% |
| 2023 | +33.4% | -72.5% |
| 2024 | +4.0% | -26.2% |
| 2025 | +6.8% | -42.2% |
| 2026 | +2.5% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACEL and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.31 means the two rarely move for the same reasons.
FAQ
What is the correlation between ACEL and VXX?
The ACEL/VXX correlation stands at -0.31 on a 3-year window (1 year: -0.29, 5 years: -0.27), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for ACEL?
By historical standards, yes. A correlation of -0.31 means the two rarely move for the same reasons.
What does a correlation of -0.31 mean?
On the −1 to +1 scale, -0.31 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/acel-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acel-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ACEL correlations · VXX correlations
