DSP vs VXX: Correlation
Viant Technology Inc. (DSP) 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 -0.31.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DSP and VXX?
On 3 years of weekly data the DSP/VXX correlation comes out at -0.31, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.31) sits close to the 3-year figure. The 5-year figure is -0.37, and annualized covariance runs at -1145.4 %².
Among the 13 assets we track against DSP, VXX sits near the bottom by co-movement, at rank #12. Correlation aside, the last 12 months split them widely, with DSP ahead by 76.2 points (+26.5% 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.
DSP vs VXX: side by side
| DSP (Viant Technology Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +26.5% | -49.7% |
| 5-year return | -9.6% | -95.6% |
| Volatility (ann.) | 60.9% | 60.9% |
| Beta vs S&P 500 | 1.57 | -3.31 |
| Max drawdown (3Y) | -68.6% | -83.3% |
| Market cap | $0.8B | – |
| P/E (trailing) | 34.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DSP | VXX |
|---|---|---|
| 2022 | -58.6% | -23.8% |
| 2023 | +71.4% | -72.5% |
| 2024 | +175.6% | -26.2% |
| 2025 | -36.6% | -42.2% |
| 2026 | +5.3% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DSP and VXX good diversifiers for each other?
Yes. With a correlation of -0.31, DSP and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DSP and VXX?
As of 2026-08-27, the correlation of weekly returns between DSP and VXX is -0.31 over 3 years, -0.31 over 1 year and -0.37 over 5 years.
Is VXX a good diversifier for DSP?
Yes. With a correlation of -0.31, DSP and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.31 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/dsp-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dsp-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DSP correlations · VXX correlations
