CRWS vs VXX: Correlation
Measured on weekly returns over the past three years, Crown Crafts, Inc. (CRWS) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.34, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRWS and VXX?
On 3 years of weekly data the CRWS/VXX correlation comes out at -0.34, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.36) sits close to the 3-year figure. The 5-year figure is -0.23, and annualized covariance runs at -493.1 %².
Among the 13 assets we track against CRWS, VXX sits near the bottom by co-movement, at rank #13. Their recent paths diverged sharply: over the last 12 months CRWS outperformed by 55.0 percentage points (+5.3% for CRWS against -49.7% for VXX). Risk is not evenly split, since VXX carries 2.5 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.
CRWS vs VXX: side by side
| CRWS (Crown Crafts, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +5.3% | -49.7% |
| 5-year return | -41.3% | -95.6% |
| Volatility (ann.) | 24.2% | 60.9% |
| Beta vs S&P 500 | 0.48 | -3.31 |
| Max drawdown (3Y) | -48.8% | -83.3% |
| Market cap | – | – |
| P/E (trailing) | 6.3 | – |
| Dividend yield | 10.88% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRWS | VXX |
|---|---|---|
| 2022 | -22.7% | -23.8% |
| 2023 | -1.2% | -72.5% |
| 2024 | -3.4% | -26.2% |
| 2025 | -31.7% | -42.2% |
| 2026 | +10.8% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRWS and VXX good diversifiers for each other?
Yes. With a correlation of -0.34, CRWS and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CRWS and VXX?
As of 2026-08-27, the correlation of weekly returns between CRWS and VXX is -0.34 over 3 years, -0.36 over 1 year and -0.23 over 5 years.
Is VXX a good diversifier for CRWS?
Yes. With a correlation of -0.34, CRWS and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.34 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/crws-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/crws-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CRWS correlations · VXX correlations
