EJH vs VXZ: Correlation
How closely do E-Home Household Service Holdings Limited (EJH) and iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) trade together? Their weekly returns over three years give a correlation of 0.17, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EJH and VXZ?
Across a 3-year window, the weekly returns of EJH and VXZ correlate at 0.17, weak. Lately the two have drifted apart, with the 1-year correlation at 0.03 versus 0.17 over 3 years. Stretching to 5 years gives 0.07, with an annualized covariance of 709.6 %².
Among the 38 assets we track against EJH, VXZ ranks #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with VXZ ahead by 79.9 points (-96.0% versus -16.1%). Note the risk asymmetry: EJH runs 6.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
EJH vs VXZ: side by side
| EJH (E-Home Household Service Holdings Limited) | VXZ (iPath Series B S&P 500 VIX Mid-Term Futures ETN) | |
|---|---|---|
| 1-year return | -96.0% | -16.1% |
| 5-year return | -100.0% | -53.1% |
| Volatility (ann.) | 167.4% | 25.6% |
| Beta vs S&P 500 | -1.07 | -1.31 |
| Max drawdown (3Y) | -100.0% | -36.4% |
| Market cap | – | – |
| P/E (trailing) | 0.0 | – |
| Dividend yield | 0.00% | – |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EJH | VXZ |
|---|---|---|
| 2022 | -98.5% | +0.5% |
| 2023 | -90.7% | -44.0% |
| 2024 | -99.7% | -12.7% |
| 2025 | -97.6% | +5.7% |
| 2026 | -93.1% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EJH and VXZ good diversifiers for each other?
By historical standards, yes. A correlation of 0.17 means the two rarely move for the same reasons.
FAQ
What is the correlation between EJH and VXZ?
As of 2026-08-27, the correlation of weekly returns between EJH and VXZ is 0.17 over 3 years, 0.03 over 1 year and 0.07 over 5 years.
Is VXZ a good diversifier for EJH?
By historical standards, yes. A correlation of 0.17 means the two rarely move for the same reasons.
What does a correlation of 0.17 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/ejh-vs-vxz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ejh-vs-vxz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EJH correlations · VXZ correlations
