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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

Correlation (3Y)
-0.21
negative
Correlation (1Y)
-0.23
last 12 months
Correlation (5Y)
-0.13
long-run
Ann. covariance
-1459.8
%² · weekly, annualized

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 5001.52-3.31
Max drawdown (3Y)-98.8%-83.3%
Market cap
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: VXX -83.3% vs -98.8%Higher 5y return: VXX -95.6% vs -99.9%
-61%0%+210%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. AIXC · VXX

Year-by-year returns

YearAIXCVXX
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

JSON API · no key required
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AIXC vs VXX: 3-year weekly correlation -0.21AIXC vs VXX-0.21

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Hubs: AIXC correlations · VXX correlations