ACTG vs VXX: Correlation
How closely do Acacia Research Corporation (ACTG) 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 -0.34, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACTG and VXX?
Across a 3-year window, the weekly returns of ACTG and VXX correlate at -0.34, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.14) than the 3-year average (-0.34). Stretching to 5 years gives -0.32, with an annualized covariance of -690.3 %².
Out of 11 assets tracked against ACTG, VXX lands near the bottom at #11. Correlation aside, the last 12 months split them widely, with ACTG ahead by 86.2 points (+36.5% versus -49.7%). Note the risk asymmetry: VXX runs 1.9 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.
ACTG vs VXX: side by side
| ACTG (Acacia Research Corporation) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +36.5% | -49.7% |
| 5-year return | -23.8% | -95.6% |
| Volatility (ann.) | 32.8% | 60.9% |
| Beta vs S&P 500 | 0.69 | -3.31 |
| Max drawdown (3Y) | -50.0% | -83.3% |
| Market cap | $0.4B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACTG | VXX |
|---|---|---|
| 2022 | -17.9% | -23.8% |
| 2023 | -6.9% | -72.5% |
| 2024 | +10.7% | -26.2% |
| 2025 | -13.8% | -42.2% |
| 2026 | +20.1% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACTG and VXX good diversifiers for each other?
Yes. With a correlation of -0.34, ACTG and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ACTG and VXX?
As of 2026-08-27, the correlation of weekly returns between ACTG and VXX is -0.34 over 3 years, -0.14 over 1 year and -0.32 over 5 years.
Is VXX a good diversifier for ACTG?
Yes. With a correlation of -0.34, ACTG and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.34 mean?
On the −1 to +1 scale, -0.34 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/actg-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/actg-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ACTG correlations · VXX correlations
