KMPR vs VXX: Correlation
How closely do Kemper Corporation (KMPR) 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 -0.28, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KMPR and VXX?
On 3 years of weekly data the KMPR/VXX correlation comes out at -0.28, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.16) runs above the 3-year figure (-0.28). The 5-year figure is -0.29, and annualized covariance runs at -543.2 %².
Among the 14 assets we track against KMPR, VXX sits near the bottom by co-movement, at rank #12. Neither side won the trailing year by much: -46.2% against -49.7%. Note the risk asymmetry: VXX runs 1.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
KMPR vs VXX: side by side
| KMPR (Kemper Corporation) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -46.2% | -49.7% |
| 5-year return | -53.7% | -95.6% |
| Volatility (ann.) | 32.1% | 60.9% |
| Beta vs S&P 500 | 0.61 | -3.31 |
| Max drawdown (3Y) | -66.8% | -83.3% |
| Market cap | $1.6B | – |
| P/E (trailing) | – | – |
| Dividend yield | 4.51% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KMPR | VXX |
|---|---|---|
| 2022 | -14.2% | -23.8% |
| 2023 | +1.5% | -72.5% |
| 2024 | +39.2% | -26.2% |
| 2025 | -37.5% | -42.2% |
| 2026 | -29.5% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KMPR and VXX good diversifiers for each other?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between KMPR and VXX?
The KMPR/VXX correlation stands at -0.28 on a 3-year window (1 year: -0.16, 5 years: -0.29), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for KMPR?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.28 mean?
On the −1 to +1 scale, -0.28 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/kmpr-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kmpr-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: KMPR correlations · VXX correlations
