CSCO vs VXX: Correlation
Cisco (CSCO) 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 -0.34.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CSCO and VXX?
On 3 years of weekly data the CSCO/VXX correlation comes out at -0.34, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.12) than the 3-year average (-0.34). The 5-year figure is -0.33, and annualized covariance runs at -543.1 %².
VXX is close to the least connected end of CSCO's tracked universe, ranking #30 of 30. Correlation aside, the last 12 months split them widely, with CSCO ahead by 117.0 points (+67.3% versus -49.7%). Note the risk asymmetry: VXX runs 2.3 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
CSCO vs VXX: side by side
| CSCO (Cisco) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +67.3% | -49.7% |
| 5-year return | +118.1% | -95.6% |
| Volatility (ann.) | 26.4% | 60.9% |
| Beta vs S&P 500 | 0.84 | -3.31 |
| Max drawdown (3Y) | -20.2% | -83.3% |
| Market cap | $442.0B | – |
| P/E (trailing) | 33.8 | – |
| Dividend yield | 1.48% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | CSCO | VXX |
|---|---|---|
| 2022 | -22.5% | -23.8% |
| 2023 | +9.3% | -72.5% |
| 2024 | +21.0% | -26.2% |
| 2025 | +33.5% | -42.2% |
| 2026 | +47.7% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CSCO and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.34 means the two rarely move for the same reasons.
FAQ
What is the correlation between CSCO and VXX?
The CSCO/VXX correlation stands at -0.34 on a 3-year window (1 year: -0.12, 5 years: -0.33), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for CSCO?
By historical standards, yes. A correlation of -0.34 means the two rarely move for the same reasons.
What does a correlation of -0.34 mean?
A reading of -0.34 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/csco-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/csco-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CSCO correlations · VXX correlations
