AMPX vs VXX: Correlation
Amprius Technologies, Inc. (AMPX) 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 -0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMPX and VXX?
On 3 years of weekly data the AMPX/VXX correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.08 versus -0.23 over 3 years. The 5-year figure is -0.23, and annualized covariance runs at -1532.0 %².
Out of 15 assets tracked against AMPX, VXX lands near the bottom at #14. The last year tells two different stories: AMPX led by 93.7 percentage points, +44.0% for AMPX against -49.7% for VXX. One caveat on sizing: AMPX is 1.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
AMPX vs VXX: side by side
| AMPX (Amprius Technologies, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +44.0% | -49.7% |
| 5-year return | n/a | -95.6% |
| Volatility (ann.) | 111.6% | 60.9% |
| Beta vs S&P 500 | 2.16 | -3.31 |
| Max drawdown (3Y) | -87.3% | -83.3% |
| Market cap | $1.5B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMPX | VXX |
|---|---|---|
| 2022 | – | -23.8% |
| 2023 | -33.3% | -72.5% |
| 2024 | -47.1% | -26.2% |
| 2025 | +181.8% | -42.2% |
| 2026 | +33.2% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMPX and VXX good diversifiers for each other?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AMPX and VXX?
The AMPX/VXX correlation stands at -0.23 on a 3-year window (1 year: 0.08, 5 years: -0.23), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for AMPX?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.23 mean?
A reading of -0.23 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ampx-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ampx-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AMPX correlations · VXX correlations
