INSE vs VXX: Correlation
Measured on weekly returns over the past three years, Inspired Entertainment, Inc. (INSE) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.43, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INSE and VXX?
On 3 years of weekly data the INSE/VXX correlation comes out at -0.43, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.30 versus -0.43 over 3 years. The 5-year figure is -0.38, and annualized covariance runs at -1191.6 %².
Out of 11 assets tracked against INSE, VXX lands near the bottom at #11. On 12-month performance INSE holds a 13.9-point edge, -35.8% against -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.
INSE vs VXX: side by side
| INSE (Inspired Entertainment, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -35.8% | -49.7% |
| 5-year return | -52.5% | -95.6% |
| Volatility (ann.) | 45.1% | 60.9% |
| Beta vs S&P 500 | 1.37 | -3.31 |
| Max drawdown (3Y) | -56.8% | -83.3% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | INSE | VXX |
|---|---|---|
| 2022 | -2.2% | -23.8% |
| 2023 | -22.0% | -72.5% |
| 2024 | -8.4% | -26.2% |
| 2025 | +3.4% | -42.2% |
| 2026 | -37.3% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INSE and VXX good diversifiers for each other?
Yes. With a correlation of -0.43, INSE and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between INSE and VXX?
Using weekly returns as of 2026-08-27: -0.43 over 3 years, with -0.30 over the last year and -0.38 over 5 years.
Is VXX a good diversifier for INSE?
Yes. With a correlation of -0.43, INSE and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.43 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/inse-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/inse-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: INSE correlations · VXX correlations
