KOPN vs VXX: Correlation
Kopin Corporation (KOPN) 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 -0.28.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KOPN and VXX?
Across a 3-year window, the weekly returns of KOPN and VXX correlate at -0.28, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.33 lands near the 3-year figure. Stretching to 5 years gives -0.29, with an annualized covariance of -1659.9 %².
Among the 15 assets we track against KOPN, VXX sits near the bottom by co-movement, at rank #14. The last year tells two different stories: KOPN led by 172.8 percentage points, +123.1% for KOPN against -49.7% for VXX. One caveat on sizing: KOPN is 1.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
KOPN vs VXX: side by side
| KOPN (Kopin Corporation) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +123.1% | -49.7% |
| 5-year return | -19.9% | -95.6% |
| Volatility (ann.) | 96.8% | 60.9% |
| Beta vs S&P 500 | 2.59 | -3.31 |
| Max drawdown (3Y) | -78.3% | -83.3% |
| Market cap | $0.9B | – |
| P/E (trailing) | 120.5 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KOPN | VXX |
|---|---|---|
| 2022 | -69.7% | -23.8% |
| 2023 | +63.7% | -72.5% |
| 2024 | -33.0% | -26.2% |
| 2025 | +72.1% | -42.2% |
| 2026 | +106.0% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KOPN 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 KOPN and VXX?
As of 2026-08-27, the correlation of weekly returns between KOPN and VXX is -0.28 over 3 years, -0.33 over 1 year and -0.29 over 5 years.
Is VXX a good diversifier for KOPN?
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?
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/kopn-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kopn-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: KOPN correlations · VXX correlations
