IPAR vs VXX: Correlation
Measured on weekly returns over the past three years, Interparfums, Inc. (IPAR) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.33, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IPAR and VXX?
Over the past 3 years, IPAR and VXX moved with a correlation of -0.33, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.28 over 1 year against -0.33 over 3. Over 5 years the correlation is -0.35, and the annualized covariance of weekly returns is -641.4 %².
Out of 13 assets tracked against IPAR, VXX lands near the bottom at #12. Their recent paths diverged sharply: over the last 12 months IPAR outperformed by 54.2 percentage points (+4.5% for IPAR against -49.7% for VXX). Risk is not evenly split, since VXX carries 1.9 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.
IPAR vs VXX: side by side
| IPAR (Interparfums, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +4.5% | -49.7% |
| 5-year return | +80.2% | -95.6% |
| Volatility (ann.) | 32.0% | 60.9% |
| Beta vs S&P 500 | 0.75 | -3.31 |
| Max drawdown (3Y) | -46.4% | -83.3% |
| Market cap | $3.8B | – |
| P/E (trailing) | 22.4 | – |
| Dividend yield | 2.74% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IPAR | VXX |
|---|---|---|
| 2022 | -7.4% | -23.8% |
| 2023 | +52.0% | -72.5% |
| 2024 | -6.5% | -26.2% |
| 2025 | -33.6% | -42.2% |
| 2026 | +40.6% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IPAR and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.33 means the two rarely move for the same reasons.
FAQ
What is the correlation between IPAR and VXX?
As of 2026-08-27, the correlation of weekly returns between IPAR and VXX is -0.33 over 3 years, -0.28 over 1 year and -0.35 over 5 years.
Is VXX a good diversifier for IPAR?
By historical standards, yes. A correlation of -0.33 means the two rarely move for the same reasons.
What does a correlation of -0.33 mean?
A reading of -0.33 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/ipar-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ipar-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: IPAR correlations · VXX correlations
