LYFT vs VXX: Correlation
Lyft, Inc. (LYFT) 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 -0.38.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LYFT and VXX?
On 3 years of weekly data the LYFT/VXX correlation comes out at -0.38, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.48) sits close to the 3-year figure. The 5-year figure is -0.34, and annualized covariance runs at -1432.4 %².
Among the 13 assets we track against LYFT, VXX sits near the bottom by co-movement, at rank #13. Correlation aside, the last 12 months split them widely, with LYFT ahead by 56.5 points (+6.8% versus -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.
LYFT vs VXX: side by side
| LYFT (Lyft, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +6.8% | -49.7% |
| 5-year return | -63.2% | -95.6% |
| Volatility (ann.) | 61.8% | 60.9% |
| Beta vs S&P 500 | 1.77 | -3.31 |
| Max drawdown (3Y) | -55.2% | -83.3% |
| Market cap | $6.6B | – |
| P/E (trailing) | 2.5 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LYFT | VXX |
|---|---|---|
| 2022 | -74.2% | -23.8% |
| 2023 | +36.0% | -72.5% |
| 2024 | -13.9% | -26.2% |
| 2025 | +50.2% | -42.2% |
| 2026 | -10.4% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LYFT and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.38 means the two rarely move for the same reasons.
FAQ
What is the correlation between LYFT and VXX?
As of 2026-08-27, the correlation of weekly returns between LYFT and VXX is -0.38 over 3 years, -0.48 over 1 year and -0.34 over 5 years.
Is VXX a good diversifier for LYFT?
By historical standards, yes. A correlation of -0.38 means the two rarely move for the same reasons.
What does a correlation of -0.38 mean?
A reading of -0.38 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/lyft-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lyft-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LYFT correlations · VXX correlations
