BEEP vs VXX: Correlation
Measured on weekly returns over the past three years, Mobile Infrastructure Corporation (BEEP) 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 BEEP and VXX?
Across a 3-year window, the weekly returns of BEEP and VXX correlate at -0.25, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.21 over 1 year against -0.25 over 3. Stretching to 5 years gives n/a, with an annualized covariance of -1046.6 %².
Out of 11 assets tracked against BEEP, VXX lands near the bottom at #10. Correlation aside, the last 12 months split them widely, with BEEP ahead by 28.4 points (-21.3% versus -49.7%).
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.
BEEP vs VXX: side by side
| BEEP (Mobile Infrastructure Corporation) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -21.3% | -49.7% |
| 5-year return | n/a | -95.6% |
| Volatility (ann.) | 69.9% | 60.9% |
| Beta vs S&P 500 | 1.14 | -3.31 |
| Max drawdown (3Y) | -86.7% | -83.3% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BEEP | VXX |
|---|---|---|
| 2022 | – | -23.8% |
| 2023 | – | -72.5% |
| 2024 | +11.1% | -26.2% |
| 2025 | -43.3% | -42.2% |
| 2026 | +17.6% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BEEP 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 BEEP and VXX?
As of 2026-08-27, the correlation of weekly returns between BEEP and VXX is -0.25 over 3 years, -0.21 over 1 year and n/a over 5 years.
Is VXX a good diversifier for BEEP?
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/beep-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/beep-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BEEP correlations · VXX correlations
