KLIC vs VXX: Correlation
How closely do Kulicke and Soffa Industries, Inc. (KLIC) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) trade together? Their weekly returns over three years give a correlation of -0.46, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KLIC and VXX?
Over the past 3 years, KLIC and VXX moved with a correlation of -0.46, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.30) runs above the 3-year figure (-0.46). Over 5 years the correlation is -0.44, and the annualized covariance of weekly returns is -1227.6 %².
Out of 20 assets tracked against KLIC, VXX lands near the bottom at #20. The last year tells two different stories: KLIC led by 178.0 percentage points, +128.3% for KLIC against -49.7% for VXX.
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.
KLIC vs VXX: side by side
| KLIC (Kulicke and Soffa Industries, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +128.3% | -49.7% |
| 5-year return | +30.7% | -95.6% |
| Volatility (ann.) | 43.9% | 60.9% |
| Beta vs S&P 500 | 1.49 | -3.31 |
| Max drawdown (3Y) | -49.3% | -83.3% |
| Market cap | $4.4B | – |
| P/E (trailing) | 38.8 | – |
| Dividend yield | 0.97% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KLIC | VXX |
|---|---|---|
| 2022 | -25.8% | -23.8% |
| 2023 | +25.5% | -72.5% |
| 2024 | -13.2% | -26.2% |
| 2025 | -0.3% | -42.2% |
| 2026 | +86.8% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KLIC and VXX good diversifiers for each other?
Yes. With a correlation of -0.46, KLIC and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between KLIC and VXX?
Using weekly returns as of 2026-08-27: -0.46 over 3 years, with -0.30 over the last year and -0.44 over 5 years.
Is VXX a good diversifier for KLIC?
Yes. With a correlation of -0.46, KLIC and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.46 mean?
A reading of -0.46 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/klic-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/klic-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
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Hubs: KLIC correlations · VXX correlations
