NXDT vs VXX: Correlation
NexPoint Diversified Real Estate Trust (NXDT) 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 NXDT and VXX?
On 3 years of weekly data the NXDT/VXX correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.16 lands near the 3-year figure. The 5-year figure is -0.25, and annualized covariance runs at -747.4 %².
Out of 12 assets tracked against NXDT, VXX lands near the bottom at #11. Correlation aside, the last 12 months split them widely, with NXDT ahead by 109.4 points (+59.7% 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.
NXDT vs VXX: side by side
| NXDT (NexPoint Diversified Real Estate Trust) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +59.7% | -49.7% |
| 5-year return | -44.2% | -95.6% |
| Volatility (ann.) | 48.6% | 60.9% |
| Beta vs S&P 500 | 0.90 | -3.31 |
| Max drawdown (3Y) | -65.1% | -83.3% |
| Market cap | $0.3B | – |
| P/E (trailing) | – | – |
| Dividend yield | 10.87% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NXDT | VXX |
|---|---|---|
| 2022 | -14.0% | -23.8% |
| 2023 | -24.9% | -72.5% |
| 2024 | -15.0% | -26.2% |
| 2025 | -25.8% | -42.2% |
| 2026 | +51.6% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NXDT and VXX good diversifiers for each other?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between NXDT and VXX?
The NXDT/VXX correlation stands at -0.25 on a 3-year window (1 year: -0.16, 5 years: -0.25), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for NXDT?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
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/nxdt-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/nxdt-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: NXDT correlations · VXX correlations
