CENT vs VXX: Correlation
Measured on weekly returns over the past three years, Central Garden & Pet Company (CENT) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CENT and VXX?
Across a 3-year window, the weekly returns of CENT and VXX correlate at -0.22, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.17) sits close to the 3-year figure. Stretching to 5 years gives -0.24, with an annualized covariance of -393.0 %².
Among the 12 assets we track against CENT, VXX sits near the bottom by co-movement, at rank #11. The last year tells two different stories: CENT led by 70.5 percentage points, +20.8% for CENT against -49.7% for VXX. One caveat on sizing: VXX is 2.0 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
CENT vs VXX: side by side
| CENT (Central Garden & Pet Company) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +20.8% | -49.7% |
| 5-year return | +19.0% | -95.6% |
| Volatility (ann.) | 29.9% | 60.9% |
| Beta vs S&P 500 | 0.42 | -3.31 |
| Max drawdown (3Y) | -38.8% | -83.3% |
| Market cap | $2.7B | – |
| P/E (trailing) | 16.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CENT | VXX |
|---|---|---|
| 2022 | -28.8% | -23.8% |
| 2023 | +33.8% | -72.5% |
| 2024 | -1.1% | -26.2% |
| 2025 | -17.1% | -42.2% |
| 2026 | +35.9% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CENT and VXX good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CENT and VXX?
As of 2026-08-27, the correlation of weekly returns between CENT and VXX is -0.22 over 3 years, -0.17 over 1 year and -0.24 over 5 years.
Is VXX a good diversifier for CENT?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
A reading of -0.22 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/cent-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cent-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CENT correlations · VXX correlations
