KPLT vs VXX: Correlation
Measured on weekly returns over the past three years, Katapult Holdings, Inc. (KPLT) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.28, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KPLT and VXX?
Over the past 3 years, KPLT and VXX moved with a correlation of -0.28, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.11) than the 3-year average (-0.28). Over 5 years the correlation is -0.33, and the annualized covariance of weekly returns is -1508.4 %².
Out of 11 assets tracked against KPLT, VXX lands near the bottom at #9. On 12-month performance VXX holds a 9.3-point edge, -59.0% against -49.7%.
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.
KPLT vs VXX: side by side
| KPLT (Katapult Holdings, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -59.0% | -49.7% |
| 5-year return | -95.6% | -95.6% |
| Volatility (ann.) | 87.1% | 60.9% |
| Beta vs S&P 500 | 1.08 | -3.31 |
| Max drawdown (3Y) | -75.6% | -83.3% |
| Market cap | $0.5B | – |
| P/E (trailing) | 3.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KPLT | VXX |
|---|---|---|
| 2022 | -71.6% | -23.8% |
| 2023 | -54.5% | -72.5% |
| 2024 | -37.9% | -26.2% |
| 2025 | -4.5% | -42.2% |
| 2026 | -12.4% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KPLT 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 KPLT and VXX?
As of 2026-08-27, the correlation of weekly returns between KPLT and VXX is -0.28 over 3 years, -0.11 over 1 year and -0.33 over 5 years.
Is VXX a good diversifier for KPLT?
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/kplt-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kplt-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: KPLT correlations · VXX correlations
