BCBP vs VXX: Correlation
Measured on weekly returns over the past three years, BCB Bancorp, Inc. (NJ) (BCBP) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.35, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BCBP and VXX?
On 3 years of weekly data the BCBP/VXX correlation comes out at -0.35, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.10) runs above the 3-year figure (-0.35). The 5-year figure is -0.32, and annualized covariance runs at -699.6 %².
Out of 10 assets tracked against BCBP, VXX lands near the bottom at #9. The last year tells two different stories: BCBP led by 49.1 percentage points, -0.6% for BCBP against -49.7% for VXX. Note the risk asymmetry: VXX runs 1.8 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
BCBP vs VXX: side by side
| BCBP (BCB Bancorp, Inc. (NJ)) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -0.6% | -49.7% |
| 5-year return | -25.8% | -95.6% |
| Volatility (ann.) | 33.3% | 60.9% |
| Beta vs S&P 500 | 0.59 | -3.31 |
| Max drawdown (3Y) | -41.2% | -83.3% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 3.70% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BCBP | VXX |
|---|---|---|
| 2022 | +20.7% | -23.8% |
| 2023 | -24.8% | -72.5% |
| 2024 | -2.5% | -26.2% |
| 2025 | -26.6% | -42.2% |
| 2026 | +9.6% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCBP and VXX good diversifiers for each other?
Yes. With a correlation of -0.35, BCBP and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BCBP and VXX?
As of 2026-08-27, the correlation of weekly returns between BCBP and VXX is -0.35 over 3 years, -0.10 over 1 year and -0.32 over 5 years.
Is VXX a good diversifier for BCBP?
Yes. With a correlation of -0.35, BCBP and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.35 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bcbp-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bcbp-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BCBP correlations · VXX correlations
