ATRC vs VXX: Correlation
Measured on weekly returns over the past three years, AtriCure, Inc. (ATRC) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.30, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ATRC and VXX?
Over the past 3 years, ATRC and VXX moved with a correlation of -0.30, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.20) sits close to the 3-year figure. Over 5 years the correlation is -0.31, and the annualized covariance of weekly returns is -837.2 %².
Out of 10 assets tracked against ATRC, VXX lands near the bottom at #9. The last year tells two different stories: ATRC led by 81.8 percentage points, +32.1% for ATRC 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.
ATRC vs VXX: side by side
| ATRC (AtriCure, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +32.1% | -49.7% |
| 5-year return | -33.3% | -95.6% |
| Volatility (ann.) | 45.4% | 60.9% |
| Beta vs S&P 500 | 0.97 | -3.31 |
| Max drawdown (3Y) | -57.3% | -83.3% |
| Market cap | $2.5B | – |
| P/E (trailing) | 224.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ATRC | VXX |
|---|---|---|
| 2022 | -36.2% | -23.8% |
| 2023 | -19.6% | -72.5% |
| 2024 | -14.4% | -26.2% |
| 2025 | +29.5% | -42.2% |
| 2026 | +24.5% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATRC and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.30 means the two rarely move for the same reasons.
FAQ
What is the correlation between ATRC and VXX?
The ATRC/VXX correlation stands at -0.30 on a 3-year window (1 year: -0.20, 5 years: -0.31), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for ATRC?
By historical standards, yes. A correlation of -0.30 means the two rarely move for the same reasons.
What does a correlation of -0.30 mean?
A reading of -0.30 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/atrc-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/atrc-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ATRC correlations · VXX correlations
