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BPRN vs VXX: Correlation

How closely do Princeton Bancorp, Inc. (BPRN) 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 -0.46, which is negative.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.46
negative
Correlation (1Y)
-0.30
last 12 months
Correlation (5Y)
-0.38
long-run
Ann. covariance
-776.7
%² · weekly, annualized

How correlated are BPRN and VXX?

Over the past 3 years, BPRN and VXX moved with a correlation of -0.46, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.30) runs above the 3-year figure (-0.46). Over 5 years the correlation is -0.38, and the annualized covariance of weekly returns is -776.7 %².

Among the 11 assets we track against BPRN, VXX sits near the bottom by co-movement, at rank #10. Their recent paths diverged sharply: over the last 12 months BPRN outperformed by 78.8 percentage points (+29.1% for BPRN against -49.7% for VXX). Risk is not evenly split, since VXX carries 2.2 times the volatility of the other side.

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.

BPRN vs VXX: side by side

BPRN (Princeton Bancorp, Inc.)VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN)
1-year return+29.1%-49.7%
5-year return+66.1%-95.6%
Volatility (ann.)27.6%60.9%
Beta vs S&P 5000.75-3.31
Max drawdown (3Y)-28.2%-83.3%
Market cap$0.3B
P/E (trailing)11.2
Dividend yield3.19%0.00%
Sector / categoryUS ListedUS Listed
Higher yield: BPRN 3.19% vs 0.00%Smaller drawdown: BPRN -28.2% vs -83.3%Higher 5y return: BPRN +66.1% vs -95.6%
-49%0%+37%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. BPRN · VXX

Year-by-year returns

YearBPRNVXX
2022+11.8%-23.8%
2023+17.7%-72.5%
2024-0.6%-26.2%
2025+4.8%-42.2%
2026+25.1%-31.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are BPRN and VXX good diversifiers for each other?

By historical standards, yes. A correlation of -0.46 means the two rarely move for the same reasons.

FAQ

What is the correlation between BPRN and VXX?

As of 2026-08-27, the correlation of weekly returns between BPRN and VXX is -0.46 over 3 years, -0.30 over 1 year and -0.38 over 5 years.

Is VXX a good diversifier for BPRN?

By historical standards, yes. A correlation of -0.46 means the two rarely move for the same reasons.

What does a correlation of -0.46 mean?

On the −1 to +1 scale, -0.46 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.

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BPRN vs VXX: 3-year weekly correlation -0.46BPRN vs VXX-0.46

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Hubs: BPRN correlations · VXX correlations