LOGI vs VXX: Correlation
Measured on weekly returns over the past three years, Logitech International S.A. - Registered Shares (LOGI) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.43, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LOGI and VXX?
Across a 3-year window, the weekly returns of LOGI and VXX correlate at -0.43, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.27 versus -0.43 over 3 years. Stretching to 5 years gives -0.36, with an annualized covariance of -895.3 %².
Out of 12 assets tracked against LOGI, VXX lands near the bottom at #11. Correlation aside, the last 12 months split them widely, with LOGI ahead by 46.2 points (-3.5% versus -49.7%). One caveat on sizing: VXX is 1.8 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.
LOGI vs VXX: side by side
| LOGI (Logitech International S.A. - Registered Shares) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -3.5% | -49.7% |
| 5-year return | +0.1% | -95.6% |
| Volatility (ann.) | 34.3% | 60.9% |
| Beta vs S&P 500 | 1.24 | -3.31 |
| Max drawdown (3Y) | -37.6% | -83.3% |
| Market cap | $14.0B | – |
| P/E (trailing) | 18.4 | – |
| Dividend yield | 1.69% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LOGI | VXX |
|---|---|---|
| 2022 | -22.9% | -23.8% |
| 2023 | +55.3% | -72.5% |
| 2024 | -12.0% | -26.2% |
| 2025 | +23.5% | -42.2% |
| 2026 | -2.2% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LOGI and VXX good diversifiers for each other?
Yes. With a correlation of -0.43, LOGI and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between LOGI and VXX?
The LOGI/VXX correlation stands at -0.43 on a 3-year window (1 year: -0.27, 5 years: -0.36), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for LOGI?
Yes. With a correlation of -0.43, LOGI and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.43 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/logi-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/logi-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LOGI correlations · VXX correlations
