INSG vs VXX: Correlation
Measured on weekly returns over the past three years, Inseego Corp. (INSG) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.29, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INSG and VXX?
Across a 3-year window, the weekly returns of INSG and VXX correlate at -0.29, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.28 over 1 year against -0.29 over 3. Stretching to 5 years gives -0.25, with an annualized covariance of -1784.5 %².
Out of 10 assets tracked against INSG, VXX lands near the bottom at #9. Over the last 12 months VXX came out ahead by 14.7 percentage points (-64.4% against -49.7%). Note the risk asymmetry: INSG runs 1.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
INSG vs VXX: side by side
| INSG (Inseego Corp.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -64.4% | -49.7% |
| 5-year return | -94.8% | -95.6% |
| Volatility (ann.) | 100.6% | 60.9% |
| Beta vs S&P 500 | 2.19 | -3.31 |
| Max drawdown (3Y) | -80.2% | -83.3% |
| Market cap | $0.1B | – |
| P/E (trailing) | 31.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | INSG | VXX |
|---|---|---|
| 2022 | -85.6% | -23.8% |
| 2023 | -73.8% | -72.5% |
| 2024 | +366.4% | -26.2% |
| 2025 | +0.1% | -42.2% |
| 2026 | -57.2% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INSG and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
FAQ
What is the correlation between INSG and VXX?
As of 2026-08-27, the correlation of weekly returns between INSG and VXX is -0.29 over 3 years, -0.28 over 1 year and -0.25 over 5 years.
Is VXX a good diversifier for INSG?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
What does a correlation of -0.29 mean?
A reading of -0.29 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/insg-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/insg-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: INSG correlations · VXX correlations
