DORM vs VXX: Correlation
Dorman Products, Inc. (DORM) 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 -0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DORM and VXX?
On 3 years of weekly data the DORM/VXX correlation comes out at -0.33, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.33 lands near the 3-year figure. The 5-year figure is -0.30, and annualized covariance runs at -634.3 %².
VXX is close to the least connected end of DORM's tracked universe, ranking #13 of 14. Correlation aside, the last 12 months split them widely, with DORM ahead by 28.1 points (-21.6% versus -49.7%). One caveat on sizing: VXX is 1.9 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.
DORM vs VXX: side by side
| DORM (Dorman Products, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -21.6% | -49.7% |
| 5-year return | +34.2% | -95.6% |
| Volatility (ann.) | 31.5% | 60.9% |
| Beta vs S&P 500 | 0.78 | -3.31 |
| Max drawdown (3Y) | -39.6% | -83.3% |
| Market cap | $3.8B | – |
| P/E (trailing) | 17.9 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DORM | VXX |
|---|---|---|
| 2022 | -28.4% | -23.8% |
| 2023 | +3.1% | -72.5% |
| 2024 | +55.3% | -26.2% |
| 2025 | -4.9% | -42.2% |
| 2026 | +4.1% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DORM and VXX good diversifiers for each other?
Yes: at -0.33, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between DORM and VXX?
Using weekly returns as of 2026-08-27: -0.33 over 3 years, with -0.33 over the last year and -0.30 over 5 years.
Is VXX a good diversifier for DORM?
Yes: at -0.33, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.33 mean?
A reading of -0.33 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/dorm-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dorm-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DORM correlations · VXX correlations
