IMMR vs VXX: Correlation
Measured on weekly returns over the past three years, Immersion Corporation (IMMR) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.39, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IMMR and VXX?
Over the past 3 years, IMMR and VXX moved with a correlation of -0.39, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.38 lands near the 3-year figure. Over 5 years the correlation is -0.30, and the annualized covariance of weekly returns is -924.4 %².
Among the 12 assets we track against IMMR, VXX sits near the bottom by co-movement, at rank #12. Correlation aside, the last 12 months split them widely, with IMMR ahead by 65.8 points (+16.1% versus -49.7%). Risk is not evenly split, since VXX carries 1.6 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.
IMMR vs VXX: side by side
| IMMR (Immersion Corporation) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +16.1% | -49.7% |
| 5-year return | +17.7% | -95.6% |
| Volatility (ann.) | 38.6% | 60.9% |
| Beta vs S&P 500 | 1.14 | -3.31 |
| Max drawdown (3Y) | -56.9% | -83.3% |
| Market cap | $0.3B | – |
| P/E (trailing) | 55.6 | – |
| Dividend yield | 3.12% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IMMR | VXX |
|---|---|---|
| 2022 | +23.1% | -23.8% |
| 2023 | +3.4% | -72.5% |
| 2024 | +26.5% | -26.2% |
| 2025 | -18.3% | -42.2% |
| 2026 | +18.6% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IMMR and VXX good diversifiers for each other?
Yes. With a correlation of -0.39, IMMR and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between IMMR and VXX?
Using weekly returns as of 2026-08-27: -0.39 over 3 years, with -0.38 over the last year and -0.30 over 5 years.
Is VXX a good diversifier for IMMR?
Yes. With a correlation of -0.39, IMMR and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.39 mean?
On the −1 to +1 scale, -0.39 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/immr-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/immr-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: IMMR correlations · VXX correlations
