ITIC vs VXX: Correlation
Measured on weekly returns over the past three years, Investors Title Company (ITIC) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.31, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ITIC and VXX?
Over the past 3 years, ITIC and VXX moved with a correlation of -0.31, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.14 versus -0.31 over 3 years. Over 5 years the correlation is -0.31, and the annualized covariance of weekly returns is -631.2 %².
Among the 16 assets we track against ITIC, VXX sits near the bottom by co-movement, at rank #14. Correlation aside, the last 12 months split them widely, with ITIC ahead by 77.6 points (+27.9% versus -49.7%). One caveat on sizing: VXX is 1.8 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.
ITIC vs VXX: side by side
| ITIC (Investors Title Company) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +27.9% | -49.7% |
| 5-year return | +107.1% | -95.6% |
| Volatility (ann.) | 33.1% | 60.9% |
| Beta vs S&P 500 | 0.67 | -3.31 |
| Max drawdown (3Y) | -28.9% | -83.3% |
| Market cap | $0.6B | – |
| P/E (trailing) | 14.3 | – |
| Dividend yield | 0.60% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ITIC | VXX |
|---|---|---|
| 2022 | -22.8% | -23.8% |
| 2023 | +14.3% | -72.5% |
| 2024 | +55.0% | -26.2% |
| 2025 | +9.7% | -42.2% |
| 2026 | +22.3% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ITIC and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.31 means the two rarely move for the same reasons.
FAQ
What is the correlation between ITIC and VXX?
Using weekly returns as of 2026-08-27: -0.31 over 3 years, with -0.14 over the last year and -0.31 over 5 years.
Is VXX a good diversifier for ITIC?
By historical standards, yes. A correlation of -0.31 means the two rarely move for the same reasons.
What does a correlation of -0.31 mean?
On the −1 to +1 scale, -0.31 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/itic-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/itic-vs-vxx/)
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Related comparisons
Hubs: ITIC correlations · VXX correlations
