MAS vs VXX: Correlation
Masco (MAS) 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 -0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MAS and VXX?
Across a 3-year window, the weekly returns of MAS and VXX correlate at -0.40, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.29) runs above the 3-year figure (-0.40). Stretching to 5 years gives -0.38, with an annualized covariance of -715.5 %².
Among the 61 assets we track against MAS, VXX sits near the bottom by co-movement, at rank #60. Correlation aside, the last 12 months split them widely, with MAS ahead by 49.2 points (-0.5% versus -49.7%). Risk is not evenly split, since VXX carries 2.1 times the volatility of the other side.
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.
MAS vs VXX: side by side
| MAS (Masco) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -0.5% | -49.7% |
| 5-year return | +29.1% | -95.6% |
| Volatility (ann.) | 29.6% | 60.9% |
| Beta vs S&P 500 | 0.95 | -3.31 |
| Max drawdown (3Y) | -30.9% | -83.3% |
| Market cap | $14.4B | – |
| P/E (trailing) | 17.0 | – |
| Dividend yield | 1.71% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | MAS | VXX |
|---|---|---|
| 2022 | -32.1% | -23.8% |
| 2023 | +46.6% | -72.5% |
| 2024 | +10.0% | -26.2% |
| 2025 | -10.9% | -42.2% |
| 2026 | +16.3% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MAS and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.40 means the two rarely move for the same reasons.
FAQ
What is the correlation between MAS and VXX?
The MAS/VXX correlation stands at -0.40 on a 3-year window (1 year: -0.29, 5 years: -0.38), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for MAS?
By historical standards, yes. A correlation of -0.40 means the two rarely move for the same reasons.
What does a correlation of -0.40 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/mas-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mas-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MAS correlations · VXX correlations
