AIXC vs VXX: Correlation
Measured on weekly returns over the past three years, AIxCrypto Holdings, Inc. (AIXC) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIXC and VXX?
Over the past 3 years, AIXC and VXX moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.23 over 1 year against -0.21 over 3. Over 5 years the correlation is -0.13, and the annualized covariance of weekly returns is -1459.8 %².
Out of 11 assets tracked against AIXC, VXX lands near the bottom at #11. Twelve-month performance is nearly a tie, at -53.7% for AIXC and -49.7% for VXX. Risk is not evenly split, since AIXC carries 1.8 times the volatility of the other side.
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.
AIXC vs VXX: side by side
| AIXC (AIxCrypto Holdings, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -53.7% | -49.7% |
| 5-year return | -99.9% | -95.6% |
| Volatility (ann.) | 111.5% | 60.9% |
| Beta vs S&P 500 | 1.52 | -3.31 |
| Max drawdown (3Y) | -98.8% | -83.3% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIXC | VXX |
|---|---|---|
| 2022 | -88.0% | -23.8% |
| 2023 | -57.3% | -72.5% |
| 2024 | -84.7% | -26.2% |
| 2025 | -44.4% | -42.2% |
| 2026 | -64.0% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIXC and VXX good diversifiers for each other?
Yes. With a correlation of -0.21, AIXC and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AIXC and VXX?
As of 2026-08-27, the correlation of weekly returns between AIXC and VXX is -0.21 over 3 years, -0.23 over 1 year and -0.13 over 5 years.
Is VXX a good diversifier for AIXC?
Yes. With a correlation of -0.21, AIXC and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 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/aixc-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aixc-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AIXC correlations · VXX correlations