QUIK vs VXX: Correlation
How closely do QuickLogic Corporation (QUIK) 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 -0.34, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QUIK and VXX?
Over the past 3 years, QUIK and VXX moved with a correlation of -0.34, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.20 versus -0.34 over 3 years. Over 5 years the correlation is -0.34, and the annualized covariance of weekly returns is -1383.0 %².
Among the 12 assets we track against QUIK, VXX sits near the bottom by co-movement, at rank #10. The last year tells two different stories: QUIK led by 157.8 percentage points, +108.1% for QUIK 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.
QUIK vs VXX: side by side
| QUIK (QuickLogic Corporation) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +108.1% | -49.7% |
| 5-year return | +89.6% | -95.6% |
| Volatility (ann.) | 66.7% | 60.9% |
| Beta vs S&P 500 | 1.92 | -3.31 |
| Max drawdown (3Y) | -76.9% | -83.3% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | QUIK | VXX |
|---|---|---|
| 2022 | +0.6% | -23.8% |
| 2023 | +169.6% | -72.5% |
| 2024 | -18.5% | -26.2% |
| 2025 | -46.8% | -42.2% |
| 2026 | +88.4% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QUIK and VXX good diversifiers for each other?
Yes: at -0.34, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between QUIK and VXX?
As of 2026-08-27, the correlation of weekly returns between QUIK and VXX is -0.34 over 3 years, -0.20 over 1 year and -0.34 over 5 years.
Is VXX a good diversifier for QUIK?
Yes: at -0.34, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.34 mean?
A reading of -0.34 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/quik-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/quik-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
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Hubs: QUIK correlations · VXX correlations
