DCGO vs VXX: Correlation
Measured on weekly returns over the past three years, DocGo Inc. (DCGO) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.23, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DCGO and VXX?
Over the past 3 years, DCGO and VXX moved with a correlation of -0.23, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.30 over 1 year against -0.23 over 3. Over 5 years the correlation is -0.29, and the annualized covariance of weekly returns is -979.8 %².
Among the 10 assets we track against DCGO, VXX sits near the bottom by co-movement, at rank #8. Correlation aside, the last 12 months split them widely, with VXX ahead by 24.7 points (-74.4% versus -49.7%).
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.
DCGO vs VXX: side by side
| DCGO (DocGo Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -74.4% | -49.7% |
| 5-year return | -95.8% | -95.6% |
| Volatility (ann.) | 69.8% | 60.9% |
| Beta vs S&P 500 | 1.31 | -3.31 |
| Max drawdown (3Y) | -95.7% | -83.3% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DCGO | VXX |
|---|---|---|
| 2022 | -24.4% | -23.8% |
| 2023 | -20.9% | -72.5% |
| 2024 | -24.2% | -26.2% |
| 2025 | -79.3% | -42.2% |
| 2026 | -52.8% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DCGO and VXX good diversifiers for each other?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between DCGO and VXX?
The DCGO/VXX correlation stands at -0.23 on a 3-year window (1 year: -0.30, 5 years: -0.29), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for DCGO?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.23 mean?
A reading of -0.23 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/dcgo-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dcgo-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DCGO correlations · VXX correlations
