COMP vs VXX: Correlation
Compass, Inc. (COMP) 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 -0.32.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COMP and VXX?
Over the past 3 years, COMP and VXX moved with a correlation of -0.32, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.35) sits close to the 3-year figure. Over 5 years the correlation is -0.31, and the annualized covariance of weekly returns is -1199.4 %².
Among the 14 assets we track against COMP, VXX sits near the bottom by co-movement, at rank #14. Their recent paths diverged sharply: over the last 12 months COMP outperformed by 69.3 percentage points (+19.6% for COMP against -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.
COMP vs VXX: side by side
| COMP (Compass, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +19.6% | -49.7% |
| 5-year return | -33.6% | -95.6% |
| Volatility (ann.) | 61.9% | 60.9% |
| Beta vs S&P 500 | 1.54 | -3.31 |
| Max drawdown (3Y) | -50.8% | -83.3% |
| Market cap | $8.5B | – |
| P/E (trailing) | 185.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | COMP | VXX |
|---|---|---|
| 2022 | -74.4% | -23.8% |
| 2023 | +61.4% | -72.5% |
| 2024 | +55.6% | -26.2% |
| 2025 | +80.7% | -42.2% |
| 2026 | +5.0% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COMP and VXX good diversifiers for each other?
Yes: at -0.32, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between COMP and VXX?
Using weekly returns as of 2026-08-27: -0.32 over 3 years, with -0.35 over the last year and -0.31 over 5 years.
Is VXX a good diversifier for COMP?
Yes: at -0.32, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.32 mean?
A reading of -0.32 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/comp-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/comp-vs-vxx/)
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Related comparisons
Hubs: COMP correlations · VXX correlations
