PRSU vs VXZ: Correlation
Measured on weekly returns over the past three years, Pursuit Attractions and Hospitality, Inc. (PRSU) and iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) carry a correlation of -0.48, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PRSU and VXZ?
Across a 3-year window, the weekly returns of PRSU and VXZ correlate at -0.48, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.35) runs above the 3-year figure (-0.48). Stretching to 5 years gives -0.43, with an annualized covariance of -480.0 %².
VXZ is close to the least connected end of PRSU's tracked universe, ranking #13 of 13. The last year tells two different stories: PRSU led by 49.3 percentage points, +33.2% for PRSU against -16.1% for VXZ. Note the risk asymmetry: PRSU runs 1.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
PRSU vs VXZ: side by side
| PRSU (Pursuit Attractions and Hospitality, Inc.) | VXZ (iPath Series B S&P 500 VIX Mid-Term Futures ETN) | |
|---|---|---|
| 1-year return | +33.2% | -16.1% |
| 5-year return | +15.6% | -53.1% |
| Volatility (ann.) | 38.8% | 25.6% |
| Beta vs S&P 500 | 1.24 | -1.31 |
| Max drawdown (3Y) | -40.2% | -36.4% |
| Market cap | $1.4B | – |
| P/E (trailing) | 33.8 | – |
| Dividend yield | 0.00% | – |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PRSU | VXZ |
|---|---|---|
| 2022 | -43.0% | +0.5% |
| 2023 | +48.4% | -44.0% |
| 2024 | +17.4% | -12.7% |
| 2025 | -20.8% | +5.7% |
| 2026 | +46.4% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PRSU and VXZ good diversifiers for each other?
Yes: at -0.48, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between PRSU and VXZ?
Using weekly returns as of 2026-08-27: -0.48 over 3 years, with -0.35 over the last year and -0.43 over 5 years.
Is VXZ a good diversifier for PRSU?
Yes: at -0.48, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.48 mean?
A reading of -0.48 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/prsu-vs-vxz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/prsu-vs-vxz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PRSU correlations · VXZ correlations
