EQH vs VXX: Correlation
Measured on weekly returns over the past three years, Equitable Holdings, Inc. (EQH) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.60, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EQH and VXX?
Over the past 3 years, EQH and VXX moved with a correlation of -0.60, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.42) runs above the 3-year figure (-0.60). Over 5 years the correlation is -0.57, and the annualized covariance of weekly returns is -993.9 %².
Among the 20 assets we track against EQH, VXX sits near the bottom by co-movement, at rank #20. The last year tells two different stories: EQH led by 45.5 percentage points, -4.2% for EQH against -49.7% for VXX. One caveat on sizing: VXX is 2.2 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.
EQH vs VXX: side by side
| EQH (Equitable Holdings, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -4.2% | -49.7% |
| 5-year return | +83.5% | -95.6% |
| Volatility (ann.) | 27.3% | 60.9% |
| Beta vs S&P 500 | 1.19 | -3.31 |
| Max drawdown (3Y) | -35.8% | -83.3% |
| Market cap | $13.7B | – |
| P/E (trailing) | – | – |
| Dividend yield | 2.29% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EQH | VXX |
|---|---|---|
| 2022 | -10.2% | -23.8% |
| 2023 | +19.6% | -72.5% |
| 2024 | +45.0% | -26.2% |
| 2025 | +3.2% | -42.2% |
| 2026 | +7.4% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EQH and VXX good diversifiers for each other?
Yes: at -0.60, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between EQH and VXX?
The EQH/VXX correlation stands at -0.60 on a 3-year window (1 year: -0.42, 5 years: -0.57), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for EQH?
Yes: at -0.60, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.60 mean?
A reading of -0.60 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/eqh-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/eqh-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: EQH correlations · VXX correlations
