CRSR vs VXX: Correlation
Measured on weekly returns over the past three years, Corsair Gaming, Inc. (CRSR) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.42, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRSR and VXX?
Over the past 3 years, CRSR and VXX moved with a correlation of -0.42, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.26) runs above the 3-year figure (-0.42). Over 5 years the correlation is -0.38, and the annualized covariance of weekly returns is -1813.3 %².
VXX is close to the least connected end of CRSR's tracked universe, ranking #18 of 19. The last year tells two different stories: CRSR led by 85.2 percentage points, +35.5% for CRSR 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.
CRSR vs VXX: side by side
| CRSR (Corsair Gaming, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +35.5% | -49.7% |
| 5-year return | -57.7% | -95.6% |
| Volatility (ann.) | 71.0% | 60.9% |
| Beta vs S&P 500 | 2.22 | -3.31 |
| Max drawdown (3Y) | -71.3% | -83.3% |
| Market cap | $1.3B | – |
| P/E (trailing) | 38.6 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRSR | VXX |
|---|---|---|
| 2022 | -35.4% | -23.8% |
| 2023 | +3.9% | -72.5% |
| 2024 | -53.1% | -26.2% |
| 2025 | -10.1% | -42.2% |
| 2026 | +101.7% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRSR and VXX good diversifiers for each other?
Yes: at -0.42, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CRSR and VXX?
The CRSR/VXX correlation stands at -0.42 on a 3-year window (1 year: -0.26, 5 years: -0.38), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for CRSR?
Yes: at -0.42, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.42 mean?
On the −1 to +1 scale, -0.42 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/crsr-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/crsr-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CRSR correlations · VXX correlations
