RDVT vs VXX: Correlation
Measured on weekly returns over the past three years, Red Violet, Inc. (RDVT) 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 RDVT and VXX?
Over the past 3 years, RDVT 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 -0.23 versus -0.34 over 3 years. Over 5 years the correlation is -0.29, and the annualized covariance of weekly returns is -937.7 %².
Among the 16 assets we track against RDVT, VXX sits near the bottom by co-movement, at rank #14. The last year tells two different stories: RDVT led by 95.8 percentage points, +46.1% for RDVT 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.
RDVT vs VXX: side by side
| RDVT (Red Violet, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +46.1% | -49.7% |
| 5-year return | +153.0% | -95.6% |
| Volatility (ann.) | 45.1% | 60.9% |
| Beta vs S&P 500 | 1.12 | -3.31 |
| Max drawdown (3Y) | -42.1% | -83.3% |
| Market cap | $1.2B | – |
| P/E (trailing) | 63.2 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RDVT | VXX |
|---|---|---|
| 2022 | -42.0% | -23.8% |
| 2023 | -13.2% | -72.5% |
| 2024 | +81.3% | -26.2% |
| 2025 | +58.6% | -42.2% |
| 2026 | +26.4% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RDVT 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 RDVT and VXX?
The RDVT/VXX correlation stands at -0.34 on a 3-year window (1 year: -0.23, 5 years: -0.29), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for RDVT?
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?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/rdvt-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rdvt-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RDVT correlations · VXX correlations
