AMPL vs VXX: Correlation
Amplitude, Inc. (AMPL) 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 -0.34.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMPL and VXX?
Across a 3-year window, the weekly returns of AMPL and VXX correlate at -0.34, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.22 versus -0.34 over 3 years. Stretching to 5 years gives -0.28, with an annualized covariance of -1150.1 %².
Out of 29 assets tracked against AMPL, VXX lands near the bottom at #28. The last year tells two different stories: AMPL led by 74.4 percentage points, +24.7% for AMPL 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.
AMPL vs VXX: side by side
| AMPL (Amplitude, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +24.7% | -49.7% |
| 5-year return | -73.9% | -95.6% |
| Volatility (ann.) | 56.0% | 60.9% |
| Beta vs S&P 500 | 1.42 | -3.31 |
| Max drawdown (3Y) | -61.1% | -83.3% |
| Market cap | $1.9B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMPL | VXX |
|---|---|---|
| 2022 | -77.2% | -23.8% |
| 2023 | +5.3% | -72.5% |
| 2024 | -17.1% | -26.2% |
| 2025 | +9.8% | -42.2% |
| 2026 | +23.3% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMPL and VXX good diversifiers for each other?
Yes: at -0.34, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AMPL and VXX?
As of 2026-08-27, the correlation of weekly returns between AMPL and VXX is -0.34 over 3 years, -0.22 over 1 year and -0.28 over 5 years.
Is VXX a good diversifier for AMPL?
Yes: at -0.34, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.34 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/ampl-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ampl-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AMPL correlations · VXX correlations
