DIBS vs VXX: Correlation
1stdibs.com, Inc. (DIBS) 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 -0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DIBS and VXX?
Over the past 3 years, DIBS and VXX moved with a correlation of -0.23, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.01) runs above the 3-year figure (-0.23). Over 5 years the correlation is -0.25, and the annualized covariance of weekly returns is -655.5 %².
Out of 11 assets tracked against DIBS, VXX lands near the bottom at #10. Their recent paths diverged sharply: over the last 12 months DIBS outperformed by 109.6 percentage points (+59.9% for DIBS against -49.7% for VXX).
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.
DIBS vs VXX: side by side
| DIBS (1stdibs.com, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +59.9% | -49.7% |
| 5-year return | -74.0% | -95.6% |
| Volatility (ann.) | 47.7% | 60.9% |
| Beta vs S&P 500 | 0.59 | -3.31 |
| Max drawdown (3Y) | -61.3% | -83.3% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DIBS | VXX |
|---|---|---|
| 2022 | -59.4% | -23.8% |
| 2023 | -7.9% | -72.5% |
| 2024 | -24.4% | -26.2% |
| 2025 | +69.2% | -42.2% |
| 2026 | -27.4% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DIBS and VXX good diversifiers for each other?
Yes. With a correlation of -0.23, DIBS and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DIBS and VXX?
As of 2026-08-27, the correlation of weekly returns between DIBS and VXX is -0.23 over 3 years, -0.01 over 1 year and -0.25 over 5 years.
Is VXX a good diversifier for DIBS?
Yes. With a correlation of -0.23, DIBS and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.23 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/dibs-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dibs-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DIBS correlations · VXX correlations
