MIN vs VXX: Correlation
Aberdeen Intermediate Income Fund (MIN) 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 -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MIN and VXX?
On 3 years of weekly data the MIN/VXX correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.33) runs below the 3-year figure (-0.21). The 5-year figure is -0.23, and annualized covariance runs at -105.5 %².
Among the 10 assets we track against MIN, VXX sits near the bottom by co-movement, at rank #10. Correlation aside, the last 12 months split them widely, with MIN ahead by 49.5 points (-0.2% versus -49.7%). One caveat on sizing: VXX is 7.4 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.
MIN vs VXX: side by side
| MIN (Aberdeen Intermediate Income Fund) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -0.2% | -49.7% |
| 5-year return | +4.5% | -95.6% |
| Volatility (ann.) | 8.2% | 60.9% |
| Beta vs S&P 500 | 0.15 | -3.31 |
| Max drawdown (3Y) | -7.1% | -83.3% |
| Market cap | – | – |
| P/E (trailing) | 24.5 | – |
| Dividend yield | 9.43% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MIN | VXX |
|---|---|---|
| 2022 | -15.7% | -23.8% |
| 2023 | +6.3% | -72.5% |
| 2024 | +8.6% | -26.2% |
| 2025 | +7.2% | -42.2% |
| 2026 | -0.2% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MIN and VXX good diversifiers for each other?
Yes. With a correlation of -0.21, MIN and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between MIN and VXX?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.33 over the last year and -0.23 over 5 years.
Is VXX a good diversifier for MIN?
Yes. With a correlation of -0.21, MIN and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 mean?
A reading of -0.21 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/min-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/min-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MIN correlations · VXX correlations
