JAKK vs VXX: Correlation
JAKKS Pacific, Inc. (JAKK) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) show a negative relationship: their 3-year correlation of weekly returns is -0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JAKK and VXX?
On 3 years of weekly data the JAKK/VXX correlation comes out at -0.35, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.35) sits close to the 3-year figure. The 5-year figure is -0.30, and annualized covariance runs at -1178.0 %².
Among the 12 assets we track against JAKK, VXX sits near the bottom by co-movement, at rank #11. Correlation aside, the last 12 months split them widely, with JAKK ahead by 98.6 points (+48.9% versus -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.
JAKK vs VXX: side by side
| JAKK (JAKKS Pacific, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +48.9% | -49.7% |
| 5-year return | +96.2% | -95.6% |
| Volatility (ann.) | 54.5% | 60.9% |
| Beta vs S&P 500 | 1.20 | -3.31 |
| Max drawdown (3Y) | -57.3% | -83.3% |
| Market cap | $0.3B | – |
| P/E (trailing) | 18.2 | – |
| Dividend yield | 3.90% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JAKK | VXX |
|---|---|---|
| 2022 | +72.1% | -23.8% |
| 2023 | +103.3% | -72.5% |
| 2024 | -20.8% | -26.2% |
| 2025 | -36.9% | -42.2% |
| 2026 | +55.1% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JAKK and VXX good diversifiers for each other?
Yes. With a correlation of -0.35, JAKK and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between JAKK and VXX?
The JAKK/VXX correlation stands at -0.35 on a 3-year window (1 year: -0.35, 5 years: -0.30), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for JAKK?
Yes. With a correlation of -0.35, JAKK and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.35 mean?
On the −1 to +1 scale, -0.35 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/jakk-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/jakk-vs-vxx/)
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Related comparisons
Hubs: JAKK correlations · VXX correlations
