RBB vs VXX: Correlation
How closely do RBB Bancorp (RBB) 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 -0.47, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RBB and VXX?
Across a 3-year window, the weekly returns of RBB and VXX correlate at -0.47, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.29) than the 3-year average (-0.47). Stretching to 5 years gives -0.41, with an annualized covariance of -921.0 %².
Out of 15 assets tracked against RBB, VXX lands near the bottom at #14. Correlation aside, the last 12 months split them widely, with RBB ahead by 81.5 points (+31.8% versus -49.7%). 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.
RBB vs VXX: side by side
| RBB (RBB Bancorp) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +31.8% | -49.7% |
| 5-year return | +22.2% | -95.6% |
| Volatility (ann.) | 32.4% | 60.9% |
| Beta vs S&P 500 | 0.96 | -3.31 |
| Max drawdown (3Y) | -39.2% | -83.3% |
| Market cap | $0.4B | – |
| P/E (trailing) | 10.8 | – |
| Dividend yield | 2.43% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RBB | VXX |
|---|---|---|
| 2022 | -18.5% | -23.8% |
| 2023 | -4.4% | -72.5% |
| 2024 | +11.0% | -26.2% |
| 2025 | +4.4% | -42.2% |
| 2026 | +29.8% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RBB and VXX good diversifiers for each other?
Yes. With a correlation of -0.47, RBB and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between RBB and VXX?
The RBB/VXX correlation stands at -0.47 on a 3-year window (1 year: -0.29, 5 years: -0.41), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for RBB?
Yes. With a correlation of -0.47, RBB and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.47 mean?
A reading of -0.47 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/rbb-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rbb-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RBB correlations · VXX correlations
