EVER vs VXX: Correlation
EverQuote, Inc. (EVER) 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 -0.29.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EVER and VXX?
On 3 years of weekly data the EVER/VXX correlation comes out at -0.29, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.10 versus -0.29 over 3 years. The 5-year figure is -0.23, and annualized covariance runs at -1082.0 %².
VXX is close to the least connected end of EVER's tracked universe, ranking #10 of 11. Correlation aside, the last 12 months split them widely, with EVER ahead by 54.5 points (+4.8% 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.
EVER vs VXX: side by side
| EVER (EverQuote, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +4.8% | -49.7% |
| 5-year return | +31.1% | -95.6% |
| Volatility (ann.) | 60.8% | 60.9% |
| Beta vs S&P 500 | 1.22 | -3.31 |
| Max drawdown (3Y) | -52.0% | -83.3% |
| Market cap | $0.9B | – |
| P/E (trailing) | 8.5 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EVER | VXX |
|---|---|---|
| 2022 | -5.9% | -23.8% |
| 2023 | -17.0% | -72.5% |
| 2024 | +63.3% | -26.2% |
| 2025 | +35.1% | -42.2% |
| 2026 | -8.1% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EVER and VXX good diversifiers for each other?
Yes. With a correlation of -0.29, EVER and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between EVER and VXX?
The EVER/VXX correlation stands at -0.29 on a 3-year window (1 year: -0.10, 5 years: -0.23), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for EVER?
Yes. With a correlation of -0.29, EVER and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.29 mean?
A reading of -0.29 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/ever-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ever-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: EVER correlations · VXX correlations
