ALTI vs VXX: Correlation
AlTi Global, Inc. (ALTI) 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 ALTI and VXX?
On 3 years of weekly data the ALTI/VXX correlation comes out at -0.31, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.14) than the 3-year average (-0.31). The 5-year figure is -0.18, and annualized covariance runs at -1049.4 %².
VXX is close to the least connected end of ALTI's tracked universe, ranking #12 of 13. The last year tells two different stories: ALTI led by 41.4 percentage points, -8.3% for ALTI against -49.7% for VXX.
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.
ALTI vs VXX: side by side
| ALTI (AlTi Global, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -8.3% | -49.7% |
| 5-year return | -58.9% | -95.6% |
| Volatility (ann.) | 56.3% | 60.9% |
| Beta vs S&P 500 | 1.23 | -3.31 |
| Max drawdown (3Y) | -72.2% | -83.3% |
| Market cap | $0.6B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ALTI | VXX |
|---|---|---|
| 2022 | +10.4% | -23.8% |
| 2023 | -19.7% | -72.5% |
| 2024 | -49.7% | -26.2% |
| 2025 | +5.2% | -42.2% |
| 2026 | -14.7% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALTI and VXX good diversifiers for each other?
Yes: at -0.31, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ALTI and VXX?
As of 2026-08-27, the correlation of weekly returns between ALTI and VXX is -0.31 over 3 years, -0.14 over 1 year and -0.18 over 5 years.
Is VXX a good diversifier for ALTI?
Yes: at -0.31, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.31 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/alti-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/alti-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ALTI correlations · VXX correlations
