DUOT vs VXX: Correlation
How closely do Duos Technologies Group, Inc. (DUOT) 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 -0.29, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DUOT and VXX?
Across a 3-year window, the weekly returns of DUOT and VXX correlate at -0.29, 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. Stretching to 5 years gives -0.27, with an annualized covariance of -1468.6 %².
VXX is close to the least connected end of DUOT's tracked universe, ranking #13 of 13. Correlation aside, the last 12 months split them widely, with DUOT ahead by 110.4 points (+60.7% 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.
DUOT vs VXX: side by side
| DUOT (Duos Technologies Group, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +60.7% | -49.7% |
| 5-year return | +57.5% | -95.6% |
| Volatility (ann.) | 83.7% | 60.9% |
| Beta vs S&P 500 | 1.75 | -3.31 |
| Max drawdown (3Y) | -64.3% | -83.3% |
| Market cap | $0.3B | – |
| P/E (trailing) | 10.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DUOT | VXX |
|---|---|---|
| 2022 | -61.0% | -23.8% |
| 2023 | +45.0% | -72.5% |
| 2024 | +106.2% | -26.2% |
| 2025 | +88.1% | -42.2% |
| 2026 | -8.4% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DUOT and VXX good diversifiers for each other?
Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between DUOT and VXX?
The DUOT/VXX correlation stands at -0.29 on a 3-year window (1 year: -0.33, 5 years: -0.27), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for DUOT?
Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.29 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/duot-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/duot-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DUOT correlations · VXX correlations
