ATCH vs VXX: Correlation
Measured on weekly returns over the past three years, AtlasClear Holdings, Inc. (ATCH) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ATCH and VXX?
On 3 years of weekly data the ATCH/VXX correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.20 over 1 year against -0.25 over 3. The 5-year figure is -0.21, and annualized covariance runs at -2317.8 %².
Out of 10 assets tracked against ATCH, VXX lands near the bottom at #9. Their recent paths diverged sharply: over the last 12 months ATCH outperformed by 48.7 percentage points (-1.0% for ATCH against -49.7% for VXX). One caveat on sizing: ATCH is 2.5 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.
ATCH vs VXX: side by side
| ATCH (AtlasClear Holdings, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -1.0% | -49.7% |
| 5-year return | -100.0% | -95.6% |
| Volatility (ann.) | 149.4% | 60.9% |
| Beta vs S&P 500 | 2.52 | -3.31 |
| Max drawdown (3Y) | -100.0% | -83.3% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ATCH | VXX |
|---|---|---|
| 2022 | +1.6% | -23.8% |
| 2023 | -38.3% | -72.5% |
| 2024 | -97.4% | -26.2% |
| 2025 | -97.4% | -42.2% |
| 2026 | -23.9% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATCH and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
FAQ
What is the correlation between ATCH and VXX?
As of 2026-08-27, the correlation of weekly returns between ATCH and VXX is -0.25 over 3 years, -0.20 over 1 year and -0.21 over 5 years.
Is VXX a good diversifier for ATCH?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
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/atch-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/atch-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ATCH correlations · VXX correlations
