HFFG vs VXX: Correlation
How closely do HF Foods Group Inc. (HFFG) 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 -0.24, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HFFG and VXX?
Across a 3-year window, the weekly returns of HFFG and VXX correlate at -0.24, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.23) sits close to the 3-year figure. Stretching to 5 years gives -0.27, with an annualized covariance of -979.9 %².
Out of 13 assets tracked against HFFG, VXX lands near the bottom at #12. Twelve-month performance is nearly a tie, at -48.4% for HFFG and -49.7% for VXX.
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.
HFFG vs VXX: side by side
| HFFG (HF Foods Group Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -48.4% | -49.7% |
| 5-year return | -69.2% | -95.6% |
| Volatility (ann.) | 67.7% | 60.9% |
| Beta vs S&P 500 | 0.86 | -3.31 |
| Max drawdown (3Y) | -75.7% | -83.3% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HFFG | VXX |
|---|---|---|
| 2022 | -52.0% | -23.8% |
| 2023 | +31.5% | -72.5% |
| 2024 | -39.9% | -26.2% |
| 2025 | -33.0% | -42.2% |
| 2026 | -16.3% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HFFG and VXX good diversifiers for each other?
Yes. With a correlation of -0.24, HFFG and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between HFFG and VXX?
Using weekly returns as of 2026-08-27: -0.24 over 3 years, with -0.23 over the last year and -0.27 over 5 years.
Is VXX a good diversifier for HFFG?
Yes. With a correlation of -0.24, HFFG and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.24 mean?
A reading of -0.24 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/hffg-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hffg-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: HFFG correlations · VXX correlations
