AEYE vs VXX: Correlation
How closely do AudioEye, Inc. (AEYE) 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 -0.42, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AEYE and VXX?
Over the past 3 years, AEYE and VXX moved with a correlation of -0.42, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.40 over 1 year against -0.42 over 3. Over 5 years the correlation is -0.36, and the annualized covariance of weekly returns is -2193.3 %².
Among the 17 assets we track against AEYE, VXX sits near the bottom by co-movement, at rank #16. Over the last 12 months AEYE came out ahead by 8.3 percentage points (-41.4% against -49.7%).
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.
AEYE vs VXX: side by side
| AEYE (AudioEye, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -41.4% | -49.7% |
| 5-year return | -44.5% | -95.6% |
| Volatility (ann.) | 86.5% | 60.9% |
| Beta vs S&P 500 | 2.63 | -3.31 |
| Max drawdown (3Y) | -83.9% | -83.3% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AEYE | VXX |
|---|---|---|
| 2022 | -45.4% | -23.8% |
| 2023 | +41.5% | -72.5% |
| 2024 | +180.6% | -26.2% |
| 2025 | -34.3% | -42.2% |
| 2026 | -28.0% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AEYE and VXX good diversifiers for each other?
Yes. With a correlation of -0.42, AEYE and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AEYE and VXX?
As of 2026-08-27, the correlation of weekly returns between AEYE and VXX is -0.42 over 3 years, -0.40 over 1 year and -0.36 over 5 years.
Is VXX a good diversifier for AEYE?
Yes. With a correlation of -0.42, AEYE and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.42 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aeye-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aeye-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AEYE correlations · VXX correlations
