NTST vs VXX: Correlation
NetSTREIT Corp. (NTST) 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 -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NTST and VXX?
On 3 years of weekly data the NTST/VXX correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.02) runs above the 3-year figure (-0.25). The 5-year figure is -0.32, and annualized covariance runs at -356.9 %².
Out of 14 assets tracked against NTST, VXX lands near the bottom at #13. Their recent paths diverged sharply: over the last 12 months NTST outperformed by 66.7 percentage points (+17.0% for NTST against -49.7% for VXX). One caveat on sizing: VXX is 2.6 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.
NTST vs VXX: side by side
| NTST (NetSTREIT Corp.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +17.0% | -49.7% |
| 5-year return | -2.0% | -95.6% |
| Volatility (ann.) | 23.4% | 60.9% |
| Beta vs S&P 500 | 0.44 | -3.31 |
| Max drawdown (3Y) | -23.0% | -83.3% |
| Market cap | $2.1B | – |
| P/E (trailing) | 146.6 | – |
| Dividend yield | 4.19% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NTST | VXX |
|---|---|---|
| 2022 | -16.8% | -23.8% |
| 2023 | +2.1% | -72.5% |
| 2024 | -16.7% | -26.2% |
| 2025 | +31.2% | -42.2% |
| 2026 | +18.9% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NTST and VXX good diversifiers for each other?
Yes. With a correlation of -0.25, NTST and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between NTST and VXX?
As of 2026-08-27, the correlation of weekly returns between NTST and VXX is -0.25 over 3 years, 0.02 over 1 year and -0.32 over 5 years.
Is VXX a good diversifier for NTST?
Yes. With a correlation of -0.25, NTST and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.25 mean?
A reading of -0.25 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/ntst-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ntst-vs-vxx/)
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Related comparisons
Hubs: NTST correlations · VXX correlations
