ADBE vs VXX: Correlation
Adobe Inc. (ADBE) 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 -0.31.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADBE and VXX?
Over the past 3 years, ADBE and VXX moved with a correlation of -0.31, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.08 versus -0.31 over 3 years. Over 5 years the correlation is -0.35, and the annualized covariance of weekly returns is -653.2 %².
Out of 32 assets tracked against ADBE, VXX lands near the bottom at #29. Their recent paths diverged sharply: over the last 12 months ADBE outperformed by 30.8 percentage points (-18.9% for ADBE against -49.7% for VXX). One caveat on sizing: VXX is 1.7 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.
ADBE vs VXX: side by side
| ADBE (Adobe Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -18.9% | -49.7% |
| 5-year return | -56.6% | -95.6% |
| Volatility (ann.) | 35.1% | 60.9% |
| Beta vs S&P 500 | 1.04 | -3.31 |
| Max drawdown (3Y) | -69.5% | -83.3% |
| Market cap | $114.9B | – |
| P/E (trailing) | 15.6 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | ADBE | VXX |
|---|---|---|
| 2022 | -40.7% | -23.8% |
| 2023 | +77.3% | -72.5% |
| 2024 | -25.5% | -26.2% |
| 2025 | -21.3% | -42.2% |
| 2026 | -17.4% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADBE and VXX good diversifiers for each other?
Yes. With a correlation of -0.31, ADBE and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ADBE and VXX?
Using weekly returns as of 2026-08-27: -0.31 over 3 years, with -0.08 over the last year and -0.35 over 5 years.
Is VXX a good diversifier for ADBE?
Yes. With a correlation of -0.31, ADBE and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
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/adbe-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/adbe-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ADBE correlations · VXX correlations
