CISO vs VXX: Correlation
Measured on weekly returns over the past three years, CISO Global, Inc. (CISO) 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 CISO and VXX?
Across a 3-year window, the weekly returns of CISO and VXX correlate at -0.22, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.26) sits close to the 3-year figure. Stretching to 5 years gives -0.19, with an annualized covariance of -1731.6 %².
VXX is close to the least connected end of CISO's tracked universe, ranking #10 of 10. The last year tells two different stories: VXX led by 26.3 percentage points, -76.0% for CISO against -49.7% for VXX. Risk is not evenly split, since CISO carries 2.1 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.
CISO vs VXX: side by side
| CISO (CISO Global, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -76.0% | -49.7% |
| 5-year return | -99.7% | -95.6% |
| Volatility (ann.) | 130.3% | 60.9% |
| Beta vs S&P 500 | 1.40 | -3.31 |
| Max drawdown (3Y) | -93.9% | -83.3% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CISO | VXX |
|---|---|---|
| 2022 | – | -23.8% |
| 2023 | -96.0% | -72.5% |
| 2024 | +126.8% | -26.2% |
| 2025 | -86.2% | -42.2% |
| 2026 | -53.1% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CISO and VXX good diversifiers for each other?
Yes. With a correlation of -0.22, CISO and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CISO and VXX?
The CISO/VXX correlation stands at -0.22 on a 3-year window (1 year: -0.26, 5 years: -0.19), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for CISO?
Yes. With a correlation of -0.22, CISO and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
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/ciso-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ciso-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CISO correlations · VXX correlations
