OPRT vs VXX: Correlation
Measured on weekly returns over the past three years, Oportun Financial Corporation (OPRT) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.31, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OPRT and VXX?
Across a 3-year window, the weekly returns of OPRT and VXX correlate at -0.31, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.33 lands near the 3-year figure. Stretching to 5 years gives -0.32, with an annualized covariance of -1551.4 %².
VXX is close to the least connected end of OPRT's tracked universe, ranking #11 of 11. Their recent paths diverged sharply: over the last 12 months OPRT outperformed by 64.1 percentage points (+14.4% for OPRT against -49.7% for VXX).
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.
OPRT vs VXX: side by side
| OPRT (Oportun Financial Corporation) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +14.4% | -49.7% |
| 5-year return | -69.9% | -95.6% |
| Volatility (ann.) | 83.4% | 60.9% |
| Beta vs S&P 500 | 1.77 | -3.31 |
| Max drawdown (3Y) | -72.0% | -83.3% |
| Market cap | $0.3B | – |
| P/E (trailing) | 18.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OPRT | VXX |
|---|---|---|
| 2022 | -72.8% | -23.8% |
| 2023 | -29.0% | -72.5% |
| 2024 | -0.8% | -26.2% |
| 2025 | +36.3% | -42.2% |
| 2026 | +41.4% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OPRT and VXX good diversifiers for each other?
Yes: at -0.31, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between OPRT and VXX?
As of 2026-08-27, the correlation of weekly returns between OPRT and VXX is -0.31 over 3 years, -0.33 over 1 year and -0.32 over 5 years.
Is VXX a good diversifier for OPRT?
Yes: at -0.31, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.31 mean?
On the −1 to +1 scale, -0.31 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/oprt-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/oprt-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: OPRT correlations · VXX correlations
