CHTR vs VXX: Correlation
Charter Communications (CHTR) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) show a negative relationship: their 3-year correlation of weekly returns is -0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHTR and VXX?
Over the past 3 years, CHTR and VXX moved with a correlation of -0.23, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.11) than the 3-year average (-0.23). Over 5 years the correlation is -0.23, and the annualized covariance of weekly returns is -581.0 %².
VXX is close to the least connected end of CHTR's tracked universe, ranking #33 of 35. Twelve-month performance is nearly a tie, at -44.9% for CHTR and -49.7% for VXX.
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.
CHTR vs VXX: side by side
| CHTR (Charter Communications) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -44.9% | -49.7% |
| 5-year return | -81.8% | -95.6% |
| Volatility (ann.) | 41.3% | 60.9% |
| Beta vs S&P 500 | 0.74 | -3.31 |
| Max drawdown (3Y) | -72.9% | -83.3% |
| Market cap | $20.0B | – |
| P/E (trailing) | 4.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Communication Services | US Listed |
Year-by-year returns
| Year | CHTR | VXX |
|---|---|---|
| 2022 | -48.0% | -23.8% |
| 2023 | +14.6% | -72.5% |
| 2024 | -11.8% | -26.2% |
| 2025 | -39.1% | -42.2% |
| 2026 | -28.9% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHTR and VXX good diversifiers for each other?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CHTR and VXX?
As of 2026-08-27, the correlation of weekly returns between CHTR and VXX is -0.23 over 3 years, -0.11 over 1 year and -0.23 over 5 years.
Is VXX a good diversifier for CHTR?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.23 mean?
A reading of -0.23 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/chtr-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/chtr-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CHTR correlations · VXX correlations
