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OPRX vs VXX: Correlation

Measured on weekly returns over the past three years, OptimizeRx Corporation (OPRX) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.32, a negative link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.32
negative
Correlation (1Y)
-0.33
last 12 months
Correlation (5Y)
-0.33
long-run
Ann. covariance
-1622.4
%² · weekly, annualized

How correlated are OPRX and VXX?

On 3 years of weekly data the OPRX/VXX correlation comes out at -0.32, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.33) sits close to the 3-year figure. The 5-year figure is -0.33, and annualized covariance runs at -1622.4 %².

VXX is close to the least connected end of OPRX's tracked universe, ranking #11 of 12. On 12-month performance VXX holds a 5.6-point edge, -55.3% against -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.

OPRX vs VXX: side by side

OPRX (OptimizeRx Corporation)VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN)
1-year return-55.3%-49.7%
5-year return-88.3%-95.6%
Volatility (ann.)83.6%60.9%
Beta vs S&P 5002.12-3.31
Max drawdown (3Y)-79.1%-83.3%
Market cap$0.1B
P/E (trailing)31.3
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: OPRX -79.1% vs -83.3%Higher 5y return: OPRX -88.3% vs -95.6%
-74%0%+15%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. OPRX · VXX

Year-by-year returns

YearOPRXVXX
2022-73.0%-23.8%
2023-14.8%-72.5%
2024-66.0%-26.2%
2025+152.3%-42.2%
2026-36.1%-31.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are OPRX and VXX good diversifiers for each other?

Yes. With a correlation of -0.32, OPRX and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

FAQ

What is the correlation between OPRX and VXX?

The OPRX/VXX correlation stands at -0.32 on a 3-year window (1 year: -0.33, 5 years: -0.33), computed from weekly returns as of 2026-08-27.

Is VXX a good diversifier for OPRX?

Yes. With a correlation of -0.32, OPRX and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

What does a correlation of -0.32 mean?

On the −1 to +1 scale, -0.32 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/oprx-vs-vxx.json

OPRX vs VXX: 3-year weekly correlation -0.32OPRX vs VXX-0.32

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Related comparisons

Hubs: OPRX correlations · VXX correlations