INTT vs VXZ: Correlation
Measured on weekly returns over the past three years, inTest Corporation (INTT) and iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) carry a correlation of -0.28, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INTT and VXZ?
Over the past 3 years, INTT and VXZ moved with a correlation of -0.28, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.10 versus -0.28 over 3 years. Over 5 years the correlation is -0.35, and the annualized covariance of weekly returns is -364.3 %².
VXZ is close to the least connected end of INTT's tracked universe, ranking #11 of 12. The last year tells two different stories: INTT led by 78.5 percentage points, +62.4% for INTT against -16.1% for VXZ. One caveat on sizing: INTT is 2.0 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.
INTT vs VXZ: side by side
| INTT (inTest Corporation) | VXZ (iPath Series B S&P 500 VIX Mid-Term Futures ETN) | |
|---|---|---|
| 1-year return | +62.4% | -16.1% |
| 5-year return | -9.0% | -53.1% |
| Volatility (ann.) | 51.5% | 25.6% |
| Beta vs S&P 500 | 1.19 | -1.31 |
| Max drawdown (3Y) | -67.7% | -36.4% |
| Market cap | $0.1B | – |
| P/E (trailing) | 165.4 | – |
| Dividend yield | 0.00% | – |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | INTT | VXZ |
|---|---|---|
| 2022 | -19.0% | +0.5% |
| 2023 | +32.0% | -44.0% |
| 2024 | -36.8% | -12.7% |
| 2025 | -13.0% | +5.7% |
| 2026 | +55.0% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INTT and VXZ good diversifiers for each other?
Yes. With a correlation of -0.28, INTT and VXZ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between INTT and VXZ?
As of 2026-08-27, the correlation of weekly returns between INTT and VXZ is -0.28 over 3 years, 0.10 over 1 year and -0.35 over 5 years.
Is VXZ a good diversifier for INTT?
Yes. With a correlation of -0.28, INTT and VXZ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.28 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/intt-vs-vxz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/intt-vs-vxz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: INTT correlations · VXZ correlations
