ORCL vs VXX: Correlation
Measured on weekly returns over the past three years, Oracle Corporation (ORCL) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.30, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ORCL and VXX?
Over the past 3 years, ORCL and VXX moved with a correlation of -0.30, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.22 lands near the 3-year figure. Over 5 years the correlation is -0.35, and the annualized covariance of weekly returns is -899.6 %².
VXX is close to the least connected end of ORCL's tracked universe, ranking #29 of 30. On 12-month performance ORCL holds a 14.9-point edge, -34.8% 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.
ORCL vs VXX: side by side
| ORCL (Oracle Corporation) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -34.8% | -49.7% |
| 5-year return | +81.7% | -95.6% |
| Volatility (ann.) | 49.9% | 60.9% |
| Beta vs S&P 500 | 1.71 | -3.31 |
| Max drawdown (3Y) | -64.6% | -83.3% |
| Market cap | $437.7B | – |
| P/E (trailing) | 25.5 | – |
| Dividend yield | 1.34% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | ORCL | VXX |
|---|---|---|
| 2022 | -4.6% | -23.8% |
| 2023 | +30.9% | -72.5% |
| 2024 | +60.0% | -26.2% |
| 2025 | +18.1% | -42.2% |
| 2026 | -21.3% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ORCL and VXX good diversifiers for each other?
Yes. With a correlation of -0.30, ORCL and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ORCL and VXX?
The ORCL/VXX correlation stands at -0.30 on a 3-year window (1 year: -0.22, 5 years: -0.35), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for ORCL?
Yes. With a correlation of -0.30, ORCL and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.30 mean?
A reading of -0.30 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/orcl-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/orcl-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ORCL correlations · VXX correlations
