RBRK vs VXX: Correlation
Measured on weekly returns over the past three years, Rubrik, Inc. (RBRK) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.34, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RBRK and VXX?
On 3 years of weekly data the RBRK/VXX correlation comes out at -0.34, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.18) runs above the 3-year figure (-0.34). The 5-year figure is n/a, and annualized covariance runs at -1409.9 %².
Among the 20 assets we track against RBRK, VXX sits near the bottom by co-movement, at rank #18. Their recent paths diverged sharply: over the last 12 months RBRK outperformed by 72.0 percentage points (+22.3% for RBRK 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.
RBRK vs VXX: side by side
| RBRK (Rubrik, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +22.3% | -49.7% |
| 5-year return | n/a | -95.6% |
| Volatility (ann.) | 63.9% | 60.9% |
| Beta vs S&P 500 | 1.92 | -3.31 |
| Max drawdown (3Y) | -56.1% | -83.3% |
| Market cap | $22.0B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RBRK | VXX |
|---|---|---|
| 2022 | – | -23.8% |
| 2023 | – | -72.5% |
| 2024 | – | -26.2% |
| 2025 | +17.0% | -42.2% |
| 2026 | +39.9% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RBRK and VXX good diversifiers for each other?
Yes. With a correlation of -0.34, RBRK and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between RBRK and VXX?
The RBRK/VXX correlation stands at -0.34 on a 3-year window (1 year: -0.18, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for RBRK?
Yes. With a correlation of -0.34, RBRK and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
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/rbrk-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rbrk-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
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Hubs: RBRK correlations · VXX correlations
