DD vs VXX: Correlation
Measured on weekly returns over the past three years, DuPont (DD) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.46, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DD and VXX?
On 3 years of weekly data the DD/VXX correlation comes out at -0.46, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.26) than the 3-year average (-0.46). The 5-year figure is -0.45, and annualized covariance runs at -804.7 %².
Out of 34 assets tracked against DD, VXX lands near the bottom at #34. Correlation aside, the last 12 months split them widely, with DD ahead by 94.4 points (+44.7% versus -49.7%). One caveat on sizing: VXX is 2.1 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
DD vs VXX: side by side
| DD (DuPont) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +44.7% | -49.7% |
| 5-year return | +64.0% | -95.6% |
| Volatility (ann.) | 28.8% | 60.9% |
| Beta vs S&P 500 | 0.93 | -3.31 |
| Max drawdown (3Y) | -37.8% | -83.3% |
| Market cap | $18.7B | – |
| P/E (trailing) | 59.1 | – |
| Dividend yield | 2.20% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | DD | VXX |
|---|---|---|
| 2022 | -13.4% | -23.8% |
| 2023 | +14.4% | -72.5% |
| 2024 | +1.0% | -26.2% |
| 2025 | +28.7% | -42.2% |
| 2026 | +16.0% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DD and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.46 means the two rarely move for the same reasons.
FAQ
What is the correlation between DD and VXX?
As of 2026-08-27, the correlation of weekly returns between DD and VXX is -0.46 over 3 years, -0.26 over 1 year and -0.45 over 5 years.
Is VXX a good diversifier for DD?
By historical standards, yes. A correlation of -0.46 means the two rarely move for the same reasons.
What does a correlation of -0.46 mean?
A reading of -0.46 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/dd-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dd-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DD correlations · VXX correlations
