KLTR vs VXX: Correlation
Kaltura, Inc. (KLTR) 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 -0.32.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KLTR and VXX?
Over the past 3 years, KLTR and VXX moved with a correlation of -0.32, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.03) runs above the 3-year figure (-0.32). Over 5 years the correlation is -0.26, and the annualized covariance of weekly returns is -1346.0 %².
Among the 11 assets we track against KLTR, VXX sits near the bottom by co-movement, at rank #10. Their recent paths diverged sharply: over the last 12 months KLTR outperformed by 50.3 percentage points (+0.6% for KLTR 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.
KLTR vs VXX: side by side
| KLTR (Kaltura, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +0.6% | -49.7% |
| 5-year return | -86.7% | -95.6% |
| Volatility (ann.) | 69.9% | 60.9% |
| Beta vs S&P 500 | 1.87 | -3.31 |
| Max drawdown (3Y) | -61.2% | -83.3% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KLTR | VXX |
|---|---|---|
| 2022 | -49.0% | -23.8% |
| 2023 | +13.4% | -72.5% |
| 2024 | +12.8% | -26.2% |
| 2025 | -25.5% | -42.2% |
| 2026 | -2.4% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KLTR and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.32 means the two rarely move for the same reasons.
FAQ
What is the correlation between KLTR and VXX?
Using weekly returns as of 2026-08-27: -0.32 over 3 years, with 0.03 over the last year and -0.26 over 5 years.
Is VXX a good diversifier for KLTR?
By historical standards, yes. A correlation of -0.32 means the two rarely move for the same reasons.
What does a correlation of -0.32 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/kltr-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kltr-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: KLTR correlations · VXX correlations
