DOMO vs VXX: Correlation
How closely do Domo, Inc. (DOMO) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DOMO and VXX?
On 3 years of weekly data the DOMO/VXX correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.14 over 1 year against -0.21 over 3. The 5-year figure is -0.25, and annualized covariance runs at -974.6 %².
VXX is close to the least connected end of DOMO's tracked universe, ranking #11 of 13. Correlation aside, the last 12 months split them widely, with VXX ahead by 28.0 points (-77.7% 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.
DOMO vs VXX: side by side
| DOMO (Domo, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -77.7% | -49.7% |
| 5-year return | -95.7% | -95.6% |
| Volatility (ann.) | 74.7% | 60.9% |
| Beta vs S&P 500 | 2.02 | -3.31 |
| Max drawdown (3Y) | -89.0% | -83.3% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DOMO | VXX |
|---|---|---|
| 2022 | -71.3% | -23.8% |
| 2023 | -27.7% | -72.5% |
| 2024 | -31.2% | -26.2% |
| 2025 | +19.1% | -42.2% |
| 2026 | -53.6% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DOMO and VXX good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between DOMO and VXX?
As of 2026-08-27, the correlation of weekly returns between DOMO and VXX is -0.21 over 3 years, -0.14 over 1 year and -0.25 over 5 years.
Is VXX a good diversifier for DOMO?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 mean?
A reading of -0.21 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/domo-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/domo-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DOMO correlations · VXX correlations
