BETR vs VXX: Correlation
How closely do Better Home & Finance Holding Company (BETR) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) trade together? Their weekly returns over three years give a correlation of -0.19, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BETR and VXX?
Across a 3-year window, the weekly returns of BETR and VXX correlate at -0.19, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.19 lands near the 3-year figure. Stretching to 5 years gives -0.07, with an annualized covariance of -1181.8 %².
Out of 12 assets tracked against BETR, VXX lands near the bottom at #12. Their recent paths diverged sharply: over the last 12 months BETR outperformed by 18.2 percentage points (-31.5% for BETR against -49.7% for VXX). Note the risk asymmetry: BETR runs 1.7 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.
BETR vs VXX: side by side
| BETR (Better Home & Finance Holding Company) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -31.5% | -49.7% |
| 5-year return | -97.1% | -95.6% |
| Volatility (ann.) | 101.5% | 60.9% |
| Beta vs S&P 500 | 1.13 | -3.31 |
| Max drawdown (3Y) | -86.5% | -83.3% |
| Market cap | $0.3B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BETR | VXX |
|---|---|---|
| 2022 | +1.9% | -23.8% |
| 2023 | -91.9% | -72.5% |
| 2024 | -78.2% | -26.2% |
| 2025 | +265.2% | -42.2% |
| 2026 | -55.2% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BETR and VXX good diversifiers for each other?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BETR and VXX?
Using weekly returns as of 2026-08-27: -0.19 over 3 years, with -0.19 over the last year and -0.07 over 5 years.
Is VXX a good diversifier for BETR?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.19 mean?
A reading of -0.19 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/betr-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/betr-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BETR correlations · VXX correlations
