ATKR vs VXX: Correlation
Atkore Inc. (ATKR) 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 -0.32.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ATKR and VXX?
On 3 years of weekly data the ATKR/VXX correlation comes out at -0.32, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.28 lands near the 3-year figure. The 5-year figure is -0.35, and annualized covariance runs at -913.6 %².
Out of 13 assets tracked against ATKR, VXX lands near the bottom at #12. The last year tells two different stories: ATKR led by 109.6 percentage points, +59.9% for ATKR 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.
ATKR vs VXX: side by side
| ATKR (Atkore Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +59.9% | -49.7% |
| 5-year return | +5.7% | -95.6% |
| Volatility (ann.) | 46.4% | 60.9% |
| Beta vs S&P 500 | 1.37 | -3.31 |
| Max drawdown (3Y) | -72.8% | -83.3% |
| Market cap | $3.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 1.41% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ATKR | VXX |
|---|---|---|
| 2022 | +2.0% | -23.8% |
| 2023 | +41.1% | -72.5% |
| 2024 | -47.3% | -26.2% |
| 2025 | -22.7% | -42.2% |
| 2026 | +50.0% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATKR and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.32 means the two rarely move for the same reasons.
FAQ
What is the correlation between ATKR and VXX?
As of 2026-08-27, the correlation of weekly returns between ATKR and VXX is -0.32 over 3 years, -0.28 over 1 year and -0.35 over 5 years.
Is VXX a good diversifier for ATKR?
By historical standards, yes. A correlation of -0.32 means the two rarely move for the same reasons.
What does a correlation of -0.32 mean?
On the −1 to +1 scale, -0.32 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/atkr-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/atkr-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ATKR correlations · VXX correlations
