PLCE vs VXX: Correlation
How closely do Children's Place, Inc. (The) (PLCE) 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 -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PLCE and VXX?
Across a 3-year window, the weekly returns of PLCE and VXX correlate at -0.20, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.33) than the 3-year average (-0.20). Stretching to 5 years gives -0.20, with an annualized covariance of -1995.3 %².
Among the 21 assets we track against PLCE, VXX sits near the bottom by co-movement, at rank #19. Their 12-month results are close: -47.1% for PLCE against -49.7% for VXX. One caveat on sizing: PLCE is 2.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
PLCE vs VXX: side by side
| PLCE (Children's Place, Inc. (The)) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -47.1% | -49.7% |
| 5-year return | -97.2% | -95.6% |
| Volatility (ann.) | 159.8% | 60.9% |
| Beta vs S&P 500 | 2.28 | -3.31 |
| Max drawdown (3Y) | -92.3% | -83.3% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PLCE | VXX |
|---|---|---|
| 2022 | -54.1% | -23.8% |
| 2023 | -36.2% | -72.5% |
| 2024 | -55.0% | -26.2% |
| 2025 | -62.0% | -42.2% |
| 2026 | -38.4% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PLCE and VXX good diversifiers for each other?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between PLCE and VXX?
Using weekly returns as of 2026-08-27: -0.20 over 3 years, with -0.33 over the last year and -0.20 over 5 years.
Is VXX a good diversifier for PLCE?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.20 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/plce-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/plce-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: PLCE correlations · VXX correlations
