JHI vs VXX: Correlation
John Hancock Investors Trust (JHI) 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 -0.52.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JHI and VXX?
Over the past 3 years, JHI and VXX moved with a correlation of -0.52, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.59 lands near the 3-year figure. Over 5 years the correlation is -0.41, and the annualized covariance of weekly returns is -293.4 %².
Among the 33 assets we track against JHI, VXX sits near the bottom by co-movement, at rank #32. Correlation aside, the last 12 months split them widely, with JHI ahead by 52.0 points (+2.3% versus -49.7%). Risk is not evenly split, since VXX carries 6.5 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.
JHI vs VXX: side by side
| JHI (John Hancock Investors Trust) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +2.3% | -49.7% |
| 5-year return | +3.7% | -95.6% |
| Volatility (ann.) | 9.3% | 60.9% |
| Beta vs S&P 500 | 0.37 | -3.31 |
| Max drawdown (3Y) | -11.2% | -83.3% |
| Market cap | – | – |
| P/E (trailing) | 8.6 | – |
| Dividend yield | 9.37% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JHI | VXX |
|---|---|---|
| 2022 | -29.5% | -23.8% |
| 2023 | +10.6% | -72.5% |
| 2024 | +14.4% | -26.2% |
| 2025 | +9.1% | -42.2% |
| 2026 | +1.0% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JHI and VXX good diversifiers for each other?
Yes. With a correlation of -0.52, JHI and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between JHI and VXX?
As of 2026-08-27, the correlation of weekly returns between JHI and VXX is -0.52 over 3 years, -0.59 over 1 year and -0.41 over 5 years.
Is VXX a good diversifier for JHI?
Yes. With a correlation of -0.52, JHI and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.52 mean?
On the −1 to +1 scale, -0.52 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/jhi-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/jhi-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: JHI correlations · VXX correlations
