EPD vs VXZ: Correlation
Measured on weekly returns over the past three years, Enterprise Products Partners L.P. (EPD) and iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EPD and VXZ?
On 3 years of weekly data the EPD/VXZ correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.39) runs above the 3-year figure (-0.25). The 5-year figure is -0.26, and annualized covariance runs at -105.7 %².
Among the 12 assets we track against EPD, VXZ sits near the bottom by co-movement, at rank #11. The last year tells two different stories: EPD led by 47.6 percentage points, +31.5% for EPD against -16.1% for VXZ. Risk is not evenly split, since VXZ carries 1.6 times the volatility of the other side.
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.
EPD vs VXZ: side by side
| EPD (Enterprise Products Partners L.P.) | VXZ (iPath Series B S&P 500 VIX Mid-Term Futures ETN) | |
|---|---|---|
| 1-year return | +31.5% | -16.1% |
| 5-year return | +150.0% | -53.1% |
| Volatility (ann.) | 16.4% | 25.6% |
| Beta vs S&P 500 | 0.15 | -1.31 |
| Max drawdown (3Y) | -15.4% | -36.4% |
| Market cap | $84.3B | – |
| P/E (trailing) | 13.6 | – |
| Dividend yield | 5.63% | – |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EPD | VXZ |
|---|---|---|
| 2022 | +18.3% | +0.5% |
| 2023 | +17.7% | -44.0% |
| 2024 | +28.0% | -12.7% |
| 2025 | +9.5% | +5.7% |
| 2026 | +27.5% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EPD and VXZ good diversifiers for each other?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
FAQ
What is the correlation between EPD and VXZ?
The EPD/VXZ correlation stands at -0.25 on a 3-year window (1 year: 0.39, 5 years: -0.26), computed from weekly returns as of 2026-08-27.
Is VXZ a good diversifier for EPD?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
What does a correlation of -0.25 mean?
A reading of -0.25 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/epd-vs-vxz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/epd-vs-vxz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EPD correlations · VXZ correlations
