HTCR vs VXX: Correlation
Heartcore Enterprises, Inc. (HTCR) 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 -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HTCR and VXX?
Across a 3-year window, the weekly returns of HTCR and VXX correlate at -0.21, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.26 over 1 year against -0.21 over 3. Stretching to 5 years gives -0.18, with an annualized covariance of -1253.9 %².
VXX is close to the least connected end of HTCR's tracked universe, ranking #12 of 12. Their recent paths diverged sharply: over the last 12 months VXX outperformed by 37.0 percentage points (-86.7% for HTCR against -49.7% for VXX). One caveat on sizing: HTCR is 1.6 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.
HTCR vs VXX: side by side
| HTCR (Heartcore Enterprises, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -86.7% | -49.7% |
| 5-year return | -96.7% | -95.6% |
| Volatility (ann.) | 97.6% | 60.9% |
| Beta vs S&P 500 | 1.26 | -3.31 |
| Max drawdown (3Y) | -95.7% | -83.3% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HTCR | VXX |
|---|---|---|
| 2022 | – | -23.8% |
| 2023 | -29.9% | -72.5% |
| 2024 | +199.2% | -26.2% |
| 2025 | -80.3% | -42.2% |
| 2026 | -56.6% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HTCR and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between HTCR and VXX?
As of 2026-08-27, the correlation of weekly returns between HTCR and VXX is -0.21 over 3 years, -0.26 over 1 year and -0.18 over 5 years.
Is VXX a good diversifier for HTCR?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
A reading of -0.21 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/htcr-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/htcr-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: HTCR correlations · VXX correlations
