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POOL vs VXX: Correlation

How closely do Pool Corporation (POOL) 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 -0.26, which is negative.

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

Correlation (3Y)
-0.26
negative
Correlation (1Y)
-0.23
last 12 months
Correlation (5Y)
-0.29
long-run
Ann. covariance
-521.4
%² · weekly, annualized

How correlated are POOL and VXX?

Over the past 3 years, POOL and VXX moved with a correlation of -0.26, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.23 lands near the 3-year figure. Over 5 years the correlation is -0.29, and the annualized covariance of weekly returns is -521.4 %².

VXX is close to the least connected end of POOL's tracked universe, ranking #15 of 16. The trailing year gives POOL the advantage: -40.0% versus -49.7%, a 9.7-point spread. Risk is not evenly split, since VXX carries 1.9 times the volatility of the other side.

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.

POOL vs VXX: side by side

POOL (Pool Corporation)VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN)
1-year return-40.0%-49.7%
5-year return-59.3%-95.6%
Volatility (ann.)32.4%60.9%
Beta vs S&P 5000.80-3.31
Max drawdown (3Y)-56.8%-83.3%
Market cap$6.8B
P/E (trailing)17.1
Dividend yield2.68%0.00%
Sector / categoryUS ListedUS Listed
Higher yield: POOL 2.68% vs 0.00%Smaller drawdown: POOL -56.8% vs -83.3%Higher 5y return: POOL -59.3% vs -95.6%
-49%0%+11%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. POOL · VXX

Year-by-year returns

YearPOOLVXX
2022-46.0%-23.8%
2023+33.5%-72.5%
2024-13.4%-26.2%
2025-31.8%-42.2%
2026-17.0%-31.6%

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

Are POOL and VXX good diversifiers for each other?

By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.

FAQ

What is the correlation between POOL and VXX?

As of 2026-08-27, the correlation of weekly returns between POOL and VXX is -0.26 over 3 years, -0.23 over 1 year and -0.29 over 5 years.

Is VXX a good diversifier for POOL?

By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.

What does a correlation of -0.26 mean?

A reading of -0.26 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

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

POOL vs VXX: 3-year weekly correlation -0.26POOL vs VXX-0.26

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Related comparisons

Hubs: POOL correlations · VXX correlations