KVYO vs VXX: Correlation
Measured on weekly returns over the past three years, Klaviyo, Inc. Series A (KVYO) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.24, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KVYO and VXX?
Over the past 3 years, KVYO and VXX moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.01) runs above the 3-year figure (-0.24). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -900.4 %².
Among the 13 assets we track against KVYO, VXX sits near the bottom by co-movement, at rank #11. The trailing year gives KVYO the advantage: -38.9% versus -49.7%, a 10.8-point spread.
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.
KVYO vs VXX: side by side
| KVYO (Klaviyo, Inc. Series A) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -38.9% | -49.7% |
| 5-year return | n/a | -95.6% |
| Volatility (ann.) | 60.2% | 60.9% |
| Beta vs S&P 500 | 1.09 | -3.31 |
| Max drawdown (3Y) | -73.9% | -83.3% |
| Market cap | $5.9B | – |
| P/E (trailing) | 653.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KVYO | VXX |
|---|---|---|
| 2022 | – | -23.8% |
| 2023 | – | -72.5% |
| 2024 | +48.5% | -26.2% |
| 2025 | -21.3% | -42.2% |
| 2026 | -39.6% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KVYO and VXX good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between KVYO and VXX?
Using weekly returns as of 2026-08-27: -0.24 over 3 years, with 0.01 over the last year and n/a over 5 years.
Is VXX a good diversifier for KVYO?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 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/kvyo-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kvyo-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: KVYO correlations · VXX correlations
