KN vs VXZ: Correlation
Measured on weekly returns over the past three years, Knowles Corporation (KN) and iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) carry a correlation of -0.55, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KN and VXZ?
Over the past 3 years, KN and VXZ moved with a correlation of -0.55, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.32) runs above the 3-year figure (-0.55). Over 5 years the correlation is -0.53, and the annualized covariance of weekly returns is -516.2 %².
Among the 30 assets we track against KN, VXZ sits near the bottom by co-movement, at rank #29. The last year tells two different stories: KN led by 78.0 percentage points, +61.9% for KN against -16.1% for VXZ.
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.
KN vs VXZ: side by side
| KN (Knowles Corporation) | VXZ (iPath Series B S&P 500 VIX Mid-Term Futures ETN) | |
|---|---|---|
| 1-year return | +61.9% | -16.1% |
| 5-year return | +73.8% | -53.1% |
| Volatility (ann.) | 36.5% | 25.6% |
| Beta vs S&P 500 | 1.65 | -1.31 |
| Max drawdown (3Y) | -38.0% | -36.4% |
| Market cap | $3.0B | – |
| P/E (trailing) | 41.1 | – |
| Dividend yield | 0.00% | – |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KN | VXZ |
|---|---|---|
| 2022 | -29.7% | +0.5% |
| 2023 | +9.1% | -44.0% |
| 2024 | +11.3% | -12.7% |
| 2025 | +7.5% | +5.7% |
| 2026 | +63.1% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KN and VXZ good diversifiers for each other?
By historical standards, yes. A correlation of -0.55 means the two rarely move for the same reasons.
FAQ
What is the correlation between KN and VXZ?
The KN/VXZ correlation stands at -0.55 on a 3-year window (1 year: -0.32, 5 years: -0.53), computed from weekly returns as of 2026-08-27.
Is VXZ a good diversifier for KN?
By historical standards, yes. A correlation of -0.55 means the two rarely move for the same reasons.
What does a correlation of -0.55 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/kn-vs-vxz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kn-vs-vxz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KN correlations · VXZ correlations
