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DLPN vs VXX: Correlation

Measured on weekly returns over the past three years, Dolphin Entertainment, Inc. (DLPN) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.27, a negative link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.27
negative
Correlation (1Y)
-0.14
last 12 months
Correlation (5Y)
-0.24
long-run
Ann. covariance
-899.3
%² · weekly, annualized

How correlated are DLPN and VXX?

On 3 years of weekly data the DLPN/VXX correlation comes out at -0.27, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.14) runs above the 3-year figure (-0.27). The 5-year figure is -0.24, and annualized covariance runs at -899.3 %².

Out of 12 assets tracked against DLPN, VXX lands near the bottom at #12. Their recent paths diverged sharply: over the last 12 months DLPN outperformed by 49.7 percentage points (+0.0% for DLPN 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.

DLPN vs VXX: side by side

DLPN (Dolphin Entertainment, Inc.)VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN)
1-year return+0.0%-49.7%
5-year return-95.5%-95.6%
Volatility (ann.)54.2%60.9%
Beta vs S&P 5001.10-3.31
Max drawdown (3Y)-78.8%-83.3%
Market cap
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: DLPN -78.8% vs -83.3%Higher 5y return: DLPN -95.5% vs -95.6%
-49%0%+50%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. DLPN · VXX

Year-by-year returns

YearDLPNVXX
2022-78.8%-23.8%
2023-5.5%-72.5%
2024-68.7%-26.2%
2025+45.8%-42.2%
2026-24.4%-31.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are DLPN 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 DLPN and VXX?

As of 2026-08-27, the correlation of weekly returns between DLPN and VXX is -0.27 over 3 years, -0.14 over 1 year and -0.24 over 5 years.

Is VXX a good diversifier for DLPN?

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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/dlpn-vs-vxx.json

DLPN vs VXX: 3-year weekly correlation -0.27DLPN vs VXX-0.27

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Related comparisons

Hubs: DLPN correlations · VXX correlations