ADBE vs VXZ: Correlation
Adobe Inc. (ADBE) and iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) show a negative relationship: their 3-year correlation of weekly returns is -0.32.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADBE and VXZ?
On 3 years of weekly data the ADBE/VXZ correlation comes out at -0.32, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.19) than the 3-year average (-0.32). The 5-year figure is -0.38, and annualized covariance runs at -285.6 %².
Among the 32 assets we track against ADBE, VXZ sits near the bottom by co-movement, at rank #30. Their 12-month results are close: -18.9% for ADBE against -16.1% for VXZ.
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 VXZ: side by side
| ADBE (Adobe Inc.) | VXZ (iPath Series B S&P 500 VIX Mid-Term Futures ETN) | |
|---|---|---|
| 1-year return | -18.9% | -16.1% |
| 5-year return | -56.6% | -53.1% |
| Volatility (ann.) | 35.1% | 25.6% |
| Beta vs S&P 500 | 1.04 | -1.31 |
| Max drawdown (3Y) | -69.5% | -36.4% |
| Market cap | $114.9B | – |
| P/E (trailing) | 15.6 | – |
| Dividend yield | 0.00% | – |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | ADBE | VXZ |
|---|---|---|
| 2022 | -40.7% | +0.5% |
| 2023 | +77.3% | -44.0% |
| 2024 | -25.5% | -12.7% |
| 2025 | -21.3% | +5.7% |
| 2026 | -17.4% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADBE and VXZ good diversifiers for each other?
By historical standards, yes. A correlation of -0.32 means the two rarely move for the same reasons.
FAQ
What is the correlation between ADBE and VXZ?
The ADBE/VXZ correlation stands at -0.32 on a 3-year window (1 year: -0.19, 5 years: -0.38), computed from weekly returns as of 2026-08-27.
Is VXZ a good diversifier for ADBE?
By historical standards, yes. A correlation of -0.32 means the two rarely move for the same reasons.
What does a correlation of -0.32 mean?
On the −1 to +1 scale, -0.32 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-vxz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/adbe-vs-vxz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ADBE correlations · VXZ correlations
