ARKO vs VXX: Correlation
ARKO Corp. (ARKO) 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 -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARKO and VXX?
On 3 years of weekly data the ARKO/VXX correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.14) than the 3-year average (-0.25). The 5-year figure is -0.26, and annualized covariance runs at -892.0 %².
Among the 10 assets we track against ARKO, VXX sits near the bottom by co-movement, at rank #9. The last year tells two different stories: ARKO led by 40.0 percentage points, -9.7% for ARKO 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.
ARKO vs VXX: side by side
| ARKO (ARKO Corp.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -9.7% | -49.7% |
| 5-year return | -52.2% | -95.6% |
| Volatility (ann.) | 57.6% | 60.9% |
| Beta vs S&P 500 | 1.16 | -3.31 |
| Max drawdown (3Y) | -55.2% | -83.3% |
| Market cap | $0.5B | – |
| P/E (trailing) | 55.8 | – |
| Dividend yield | 2.57% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ARKO | VXX |
|---|---|---|
| 2022 | -0.3% | -23.8% |
| 2023 | -3.3% | -72.5% |
| 2024 | -18.6% | -26.2% |
| 2025 | -29.3% | -42.2% |
| 2026 | -0.2% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARKO and VXX good diversifiers for each other?
Yes. With a correlation of -0.25, ARKO and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ARKO and VXX?
The ARKO/VXX correlation stands at -0.25 on a 3-year window (1 year: -0.14, 5 years: -0.26), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for ARKO?
Yes. With a correlation of -0.25, ARKO and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.25 mean?
On the −1 to +1 scale, -0.25 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/arko-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/arko-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ARKO correlations · VXX correlations
