HTB vs VXX: Correlation
HomeTrust Bancshares, Inc. (HTB) 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 -0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HTB and VXX?
On 3 years of weekly data the HTB/VXX correlation comes out at -0.50, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.26 versus -0.50 over 3 years. The 5-year figure is -0.43, and annualized covariance runs at -838.5 %².
VXX is close to the least connected end of HTB's tracked universe, ranking #16 of 17. Their recent paths diverged sharply: over the last 12 months HTB outperformed by 63.1 percentage points (+13.4% for HTB against -49.7% for VXX). Risk is not evenly split, since VXX carries 2.2 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.
HTB vs VXX: side by side
| HTB (HomeTrust Bancshares, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +13.4% | -49.7% |
| 5-year return | +81.4% | -95.6% |
| Volatility (ann.) | 27.3% | 60.9% |
| Beta vs S&P 500 | 0.86 | -3.31 |
| Max drawdown (3Y) | -17.7% | -83.3% |
| Market cap | $0.8B | – |
| P/E (trailing) | 12.3 | – |
| Dividend yield | 1.13% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HTB | VXX |
|---|---|---|
| 2022 | -20.9% | -23.8% |
| 2023 | +13.4% | -72.5% |
| 2024 | +27.0% | -26.2% |
| 2025 | +29.1% | -42.2% |
| 2026 | +9.3% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HTB and VXX good diversifiers for each other?
Yes: at -0.50, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between HTB and VXX?
The HTB/VXX correlation stands at -0.50 on a 3-year window (1 year: -0.26, 5 years: -0.43), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for HTB?
Yes: at -0.50, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.50 mean?
A reading of -0.50 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/htb-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/htb-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: HTB correlations · VXX correlations
