CSGP vs VXX: Correlation
CoStar Group (CSGP) 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 -0.27.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CSGP and VXX?
Across a 3-year window, the weekly returns of CSGP and VXX correlate at -0.27, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.07) than the 3-year average (-0.27). Stretching to 5 years gives -0.31, with an annualized covariance of -594.8 %².
Among the 34 assets we track against CSGP, VXX sits near the bottom by co-movement, at rank #33. Correlation aside, the last 12 months split them widely, with VXX ahead by 15.3 points (-65.0% versus -49.7%). Risk is not evenly split, since VXX carries 1.7 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.
CSGP vs VXX: side by side
| CSGP (CoStar Group) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -65.0% | -49.7% |
| 5-year return | -62.7% | -95.6% |
| Volatility (ann.) | 36.5% | 60.9% |
| Beta vs S&P 500 | 0.86 | -3.31 |
| Max drawdown (3Y) | -72.2% | -83.3% |
| Market cap | $12.7B | – |
| P/E (trailing) | 174.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | CSGP | VXX |
|---|---|---|
| 2022 | -2.2% | -23.8% |
| 2023 | +13.1% | -72.5% |
| 2024 | -18.1% | -26.2% |
| 2025 | -6.1% | -42.2% |
| 2026 | -53.4% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CSGP and VXX good diversifiers for each other?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CSGP and VXX?
The CSGP/VXX correlation stands at -0.27 on a 3-year window (1 year: -0.07, 5 years: -0.31), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for CSGP?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.27 mean?
A reading of -0.27 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/csgp-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/csgp-vs-vxx/)
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Related comparisons
Hubs: CSGP correlations · VXX correlations
