MU vs VXX: Correlation
Measured on weekly returns over the past three years, Micron Technology (MU) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.52, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MU and VXX?
Across a 3-year window, the weekly returns of MU and VXX correlate at -0.52, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.46 lands near the 3-year figure. Stretching to 5 years gives -0.45, with an annualized covariance of -2008.7 %².
VXX is close to the least connected end of MU's tracked universe, ranking #32 of 32. Correlation aside, the last 12 months split them widely, with MU ahead by 745.4 points (+695.7% 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.
MU vs VXX: side by side
| MU (Micron Technology) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +695.7% | -49.7% |
| 5-year return | +1211.2% | -95.6% |
| Volatility (ann.) | 63.3% | 60.9% |
| Beta vs S&P 500 | 2.47 | -3.31 |
| Max drawdown (3Y) | -57.6% | -83.3% |
| Market cap | – | – |
| P/E (trailing) | 21.2 | – |
| Dividend yield | 0.06% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | MU | VXX |
|---|---|---|
| 2022 | -45.9% | -23.8% |
| 2023 | +71.9% | -72.5% |
| 2024 | -1.0% | -26.2% |
| 2025 | +240.2% | -42.2% |
| 2026 | +227.9% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MU and VXX good diversifiers for each other?
Yes. With a correlation of -0.52, MU and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between MU and VXX?
Using weekly returns as of 2026-08-27: -0.52 over 3 years, with -0.46 over the last year and -0.45 over 5 years.
Is VXX a good diversifier for MU?
Yes. With a correlation of -0.52, MU and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.52 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/mu-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mu-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MU correlations · VXX correlations
