ACN vs VXZ: Correlation
How closely do Accenture (ACN) and iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACN and VXZ?
Across a 3-year window, the weekly returns of ACN and VXZ correlate at -0.20, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.14 lands near the 3-year figure. Stretching to 5 years gives -0.32, with an annualized covariance of -167.4 %².
Within ACN's tracked universe of 37 assets, VXZ comes in at #28 by 3-year correlation. Over the last 12 months VXZ came out ahead by 9.5 percentage points (-25.6% against -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.
ACN vs VXZ: side by side
| ACN (Accenture) | VXZ (iPath Series B S&P 500 VIX Mid-Term Futures ETN) | |
|---|---|---|
| 1-year return | -25.6% | -16.1% |
| 5-year return | -39.6% | -53.1% |
| Volatility (ann.) | 32.6% | 25.6% |
| Beta vs S&P 500 | 0.69 | -1.31 |
| Max drawdown (3Y) | -68.2% | -36.4% |
| Market cap | $114.7B | – |
| P/E (trailing) | 14.5 | – |
| Dividend yield | 3.59% | – |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | ACN | VXZ |
|---|---|---|
| 2022 | -34.8% | +0.5% |
| 2023 | +33.6% | -44.0% |
| 2024 | +1.9% | -12.7% |
| 2025 | -22.6% | +5.7% |
| 2026 | -28.7% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACN and VXZ good diversifiers for each other?
Yes. With a correlation of -0.20, ACN and VXZ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ACN and VXZ?
As of 2026-08-27, the correlation of weekly returns between ACN and VXZ is -0.20 over 3 years, -0.14 over 1 year and -0.32 over 5 years.
Is VXZ a good diversifier for ACN?
Yes. With a correlation of -0.20, ACN and VXZ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 mean?
On the −1 to +1 scale, -0.20 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/acn-vs-vxz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acn-vs-vxz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACN correlations · VXZ correlations
