BGDE vs VXX: Correlation
Measured on weekly returns over the past three years, Big Digital Energy, Inc. (BGDE) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.26, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BGDE and VXX?
On 3 years of weekly data the BGDE/VXX correlation comes out at -0.26, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.31 over 1 year against -0.26 over 3. The 5-year figure is -0.21, and annualized covariance runs at -2856.4 %².
VXX is close to the least connected end of BGDE's tracked universe, ranking #10 of 11. The last year tells two different stories: BGDE led by 36.4 percentage points, -13.3% for BGDE against -49.7% for VXX. Note the risk asymmetry: BGDE runs 3.0 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.
BGDE vs VXX: side by side
| BGDE (Big Digital Energy, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -13.3% | -49.7% |
| 5-year return | -99.6% | -95.6% |
| Volatility (ann.) | 181.6% | 60.9% |
| Beta vs S&P 500 | 4.23 | -3.31 |
| Max drawdown (3Y) | -98.0% | -83.3% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BGDE | VXX |
|---|---|---|
| 2022 | -96.5% | -23.8% |
| 2023 | +131.9% | -72.5% |
| 2024 | -74.1% | -26.2% |
| 2025 | -74.6% | -42.2% |
| 2026 | +72.9% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BGDE and VXX good diversifiers for each other?
Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BGDE and VXX?
The BGDE/VXX correlation stands at -0.26 on a 3-year window (1 year: -0.31, 5 years: -0.21), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for BGDE?
Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.26 mean?
A reading of -0.26 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/bgde-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bgde-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BGDE correlations · VXX correlations
