COHU vs VXX: Correlation
Cohu, Inc. (COHU) 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 -0.47.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COHU and VXX?
On 3 years of weekly data the COHU/VXX correlation comes out at -0.47, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.38 lands near the 3-year figure. The 5-year figure is -0.48, and annualized covariance runs at -1292.8 %².
Among the 24 assets we track against COHU, VXX sits near the bottom by co-movement, at rank #23. Correlation aside, the last 12 months split them widely, with COHU ahead by 204.5 points (+154.8% versus -49.7%).
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.
COHU vs VXX: side by side
| COHU (Cohu, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +154.8% | -49.7% |
| 5-year return | +41.3% | -95.6% |
| Volatility (ann.) | 44.8% | 60.9% |
| Beta vs S&P 500 | 1.74 | -3.31 |
| Max drawdown (3Y) | -64.7% | -83.3% |
| Market cap | $2.4B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | COHU | VXX |
|---|---|---|
| 2022 | -15.9% | -23.8% |
| 2023 | +10.4% | -72.5% |
| 2024 | -24.6% | -26.2% |
| 2025 | -12.8% | -42.2% |
| 2026 | +122.1% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COHU and VXX good diversifiers for each other?
Yes: at -0.47, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between COHU and VXX?
The COHU/VXX correlation stands at -0.47 on a 3-year window (1 year: -0.38, 5 years: -0.48), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for COHU?
Yes: at -0.47, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.47 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cohu-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cohu-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: COHU correlations · VXX correlations
