RA vs VXX: Correlation
Brookfield Real Assets Income Fund Inc. (RA) 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 -0.51.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RA and VXX?
On 3 years of weekly data the RA/VXX correlation comes out at -0.51, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.54 over 1 year against -0.51 over 3. The 5-year figure is -0.24, and annualized covariance runs at -273.5 %².
Out of 11 assets tracked against RA, VXX lands near the bottom at #11. Correlation aside, the last 12 months split them widely, with RA ahead by 54.3 points (+4.6% versus -49.7%). One caveat on sizing: VXX is 6.9 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.
RA vs VXX: side by side
| RA (Brookfield Real Assets Income Fund Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +4.6% | -49.7% |
| 5-year return | +3.5% | -95.6% |
| Volatility (ann.) | 8.8% | 60.9% |
| Beta vs S&P 500 | 0.32 | -3.31 |
| Max drawdown (3Y) | -27.7% | -83.3% |
| Market cap | $0.7B | – |
| P/E (trailing) | 11.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RA | VXX |
|---|---|---|
| 2022 | -13.5% | -23.8% |
| 2023 | -9.0% | -72.5% |
| 2024 | +15.9% | -26.2% |
| 2025 | +8.3% | -42.2% |
| 2026 | +4.9% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RA and VXX good diversifiers for each other?
Yes: at -0.51, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between RA and VXX?
Using weekly returns as of 2026-08-27: -0.51 over 3 years, with -0.54 over the last year and -0.24 over 5 years.
Is VXX a good diversifier for RA?
Yes: at -0.51, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.51 mean?
A reading of -0.51 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/ra-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ra-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RA correlations · VXX correlations
