QCOM vs VXX: Correlation
Qualcomm (QCOM) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) show a negative relationship: their 3-year correlation of weekly returns is -0.49.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QCOM and VXX?
Across a 3-year window, the weekly returns of QCOM and VXX correlate at -0.49, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.34 versus -0.49 over 3 years. Stretching to 5 years gives -0.47, with an annualized covariance of -1273.4 %².
Out of 41 assets tracked against QCOM, VXX lands near the bottom at #40. Correlation aside, the last 12 months split them widely, with QCOM ahead by 55.0 points (+5.3% versus -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.
QCOM vs VXX: side by side
| QCOM (Qualcomm) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +5.3% | -49.7% |
| 5-year return | +25.8% | -95.6% |
| Volatility (ann.) | 42.4% | 60.9% |
| Beta vs S&P 500 | 1.77 | -3.31 |
| Max drawdown (3Y) | -44.2% | -83.3% |
| Market cap | $176.0B | – |
| P/E (trailing) | 18.9 | – |
| Dividend yield | 2.19% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | QCOM | VXX |
|---|---|---|
| 2022 | -38.6% | -23.8% |
| 2023 | +35.1% | -72.5% |
| 2024 | +8.3% | -26.2% |
| 2025 | +13.8% | -42.2% |
| 2026 | -2.7% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QCOM and VXX good diversifiers for each other?
Yes: at -0.49, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between QCOM and VXX?
The QCOM/VXX correlation stands at -0.49 on a 3-year window (1 year: -0.34, 5 years: -0.47), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for QCOM?
Yes: at -0.49, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.49 mean?
A reading of -0.49 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/qcom-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qcom-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: QCOM correlations · VXX correlations
