ASTS vs VXX: Correlation
How closely do AST SpaceMobile, Inc. (ASTS) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASTS and VXX?
Over the past 3 years, ASTS and VXX moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.11 lands near the 3-year figure. Over 5 years the correlation is -0.18, and the annualized covariance of weekly returns is -1470.8 %².
Among the 11 assets we track against ASTS, VXX sits near the bottom by co-movement, at rank #10. Correlation aside, the last 12 months split them widely, with ASTS ahead by 77.0 points (+27.3% versus -49.7%). Risk is not evenly split, since ASTS carries 2.0 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.
ASTS vs VXX: side by side
| ASTS (AST SpaceMobile, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +27.3% | -49.7% |
| 5-year return | +397.1% | -95.6% |
| Volatility (ann.) | 119.4% | 60.9% |
| Beta vs S&P 500 | 1.92 | -3.31 |
| Max drawdown (3Y) | -68.4% | -83.3% |
| Market cap | $23.9B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASTS | VXX |
|---|---|---|
| 2022 | -39.3% | -23.8% |
| 2023 | +25.1% | -72.5% |
| 2024 | +249.9% | -26.2% |
| 2025 | +244.2% | -42.2% |
| 2026 | -15.4% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASTS and VXX good diversifiers for each other?
Yes. With a correlation of -0.20, ASTS and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ASTS and VXX?
As of 2026-08-27, the correlation of weekly returns between ASTS and VXX is -0.20 over 3 years, -0.11 over 1 year and -0.18 over 5 years.
Is VXX a good diversifier for ASTS?
Yes. With a correlation of -0.20, ASTS and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 mean?
A reading of -0.20 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/asts-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/asts-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ASTS correlations · VXX correlations
