OSS vs VXX: Correlation
How closely do One Stop Systems, Inc. (OSS) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) trade together? Their weekly returns over three years give a correlation of -0.25, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OSS and VXX?
Across a 3-year window, the weekly returns of OSS and VXX correlate at -0.25, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.26) sits close to the 3-year figure. Stretching to 5 years gives -0.22, with an annualized covariance of -1260.3 %².
Out of 16 assets tracked against OSS, VXX lands near the bottom at #15. Their recent paths diverged sharply: over the last 12 months OSS outperformed by 130.2 percentage points (+80.5% for OSS 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.
OSS vs VXX: side by side
| OSS (One Stop Systems, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +80.5% | -49.7% |
| 5-year return | +103.2% | -95.6% |
| Volatility (ann.) | 82.4% | 60.9% |
| Beta vs S&P 500 | 1.82 | -3.31 |
| Max drawdown (3Y) | -56.0% | -83.3% |
| Market cap | $0.3B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OSS | VXX |
|---|---|---|
| 2022 | -39.2% | -23.8% |
| 2023 | -30.2% | -72.5% |
| 2024 | +59.5% | -26.2% |
| 2025 | +114.3% | -42.2% |
| 2026 | +57.7% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OSS and VXX good diversifiers for each other?
Yes. With a correlation of -0.25, OSS and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between OSS and VXX?
As of 2026-08-27, the correlation of weekly returns between OSS and VXX is -0.25 over 3 years, -0.26 over 1 year and -0.22 over 5 years.
Is VXX a good diversifier for OSS?
Yes. With a correlation of -0.25, OSS and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.25 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/oss-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/oss-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: OSS correlations · VXX correlations
