LOVE vs VXX: Correlation
The Lovesac Company (LOVE) 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 -0.36.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LOVE and VXX?
Over the past 3 years, LOVE and VXX moved with a correlation of -0.36, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.17 versus -0.36 over 3 years. Over 5 years the correlation is -0.40, and the annualized covariance of weekly returns is -1415.2 %².
Out of 11 assets tracked against LOVE, VXX lands near the bottom at #10. The last year tells two different stories: LOVE led by 34.5 percentage points, -15.2% for LOVE against -49.7% for VXX.
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.
LOVE vs VXX: side by side
| LOVE (The Lovesac Company) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -15.2% | -49.7% |
| 5-year return | -71.8% | -95.6% |
| Volatility (ann.) | 64.0% | 60.9% |
| Beta vs S&P 500 | 1.85 | -3.31 |
| Max drawdown (3Y) | -72.7% | -83.3% |
| Market cap | $0.2B | – |
| P/E (trailing) | 64.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LOVE | VXX |
|---|---|---|
| 2022 | -66.8% | -23.8% |
| 2023 | +16.1% | -72.5% |
| 2024 | -7.4% | -26.2% |
| 2025 | -37.7% | -42.2% |
| 2026 | +8.9% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LOVE and VXX good diversifiers for each other?
Yes. With a correlation of -0.36, LOVE and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between LOVE and VXX?
As of 2026-08-27, the correlation of weekly returns between LOVE and VXX is -0.36 over 3 years, -0.17 over 1 year and -0.40 over 5 years.
Is VXX a good diversifier for LOVE?
Yes. With a correlation of -0.36, LOVE and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.36 mean?
A reading of -0.36 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/love-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/love-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LOVE correlations · VXX correlations
