RCMT vs VXX: Correlation
How closely do RCM Technologies, Inc. (RCMT) 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 -0.26, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RCMT and VXX?
Over the past 3 years, RCMT and VXX moved with a correlation of -0.26, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.26 lands near the 3-year figure. Over 5 years the correlation is -0.20, and the annualized covariance of weekly returns is -784.8 %².
VXX is close to the least connected end of RCMT's tracked universe, ranking #9 of 10. Their recent paths diverged sharply: over the last 12 months RCMT outperformed by 106.6 percentage points (+56.9% for RCMT 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.
RCMT vs VXX: side by side
| RCMT (RCM Technologies, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +56.9% | -49.7% |
| 5-year return | +698.6% | -95.6% |
| Volatility (ann.) | 49.1% | 60.9% |
| Beta vs S&P 500 | 0.94 | -3.31 |
| Max drawdown (3Y) | -53.1% | -83.3% |
| Market cap | $0.3B | – |
| P/E (trailing) | 17.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RCMT | VXX |
|---|---|---|
| 2022 | +73.3% | -23.8% |
| 2023 | +135.3% | -72.5% |
| 2024 | -23.7% | -26.2% |
| 2025 | -7.7% | -42.2% |
| 2026 | +100.3% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RCMT and VXX good diversifiers for each other?
Yes. With a correlation of -0.26, RCMT and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between RCMT and VXX?
Using weekly returns as of 2026-08-27: -0.26 over 3 years, with -0.26 over the last year and -0.20 over 5 years.
Is VXX a good diversifier for RCMT?
Yes. With a correlation of -0.26, RCMT and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.26 mean?
A reading of -0.26 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/rcmt-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rcmt-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RCMT correlations · VXX correlations
