CINT vs VXZ: Correlation
How closely do CI&T Inc Class A (CINT) and iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) trade together? Their weekly returns over three years give a correlation of -0.28, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CINT and VXZ?
Over the past 3 years, CINT and VXZ moved with a correlation of -0.28, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.25) sits close to the 3-year figure. Over 5 years the correlation is -0.29, and the annualized covariance of weekly returns is -353.0 %².
Among the 12 assets we track against CINT, VXZ sits near the bottom by co-movement, at rank #12. Correlation aside, the last 12 months split them widely, with VXZ ahead by 20.0 points (-36.1% versus -16.1%). One caveat on sizing: CINT is 1.9 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.
CINT vs VXZ: side by side
| CINT (CI&T Inc Class A) | VXZ (iPath Series B S&P 500 VIX Mid-Term Futures ETN) | |
|---|---|---|
| 1-year return | -36.1% | -16.1% |
| 5-year return | -81.0% | -53.1% |
| Volatility (ann.) | 49.9% | 25.6% |
| Beta vs S&P 500 | 0.92 | -1.31 |
| Max drawdown (3Y) | -60.2% | -36.4% |
| Market cap | $0.4B | – |
| P/E (trailing) | 12.3 | – |
| Dividend yield | 0.00% | – |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CINT | VXZ |
|---|---|---|
| 2022 | -45.3% | +0.5% |
| 2023 | -19.1% | -44.0% |
| 2024 | +15.4% | -12.7% |
| 2025 | -32.9% | +5.7% |
| 2026 | -15.2% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CINT and VXZ good diversifiers for each other?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
FAQ
What is the correlation between CINT and VXZ?
The CINT/VXZ correlation stands at -0.28 on a 3-year window (1 year: -0.25, 5 years: -0.29), computed from weekly returns as of 2026-08-27.
Is VXZ a good diversifier for CINT?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
What does a correlation of -0.28 mean?
On the −1 to +1 scale, -0.28 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cint-vs-vxz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cint-vs-vxz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CINT correlations · VXZ correlations
