REZI vs VXX: Correlation
Measured on weekly returns over the past three years, Resideo Technologies, Inc. (REZI) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.45, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are REZI and VXX?
Over the past 3 years, REZI and VXX moved with a correlation of -0.45, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.40 lands near the 3-year figure. Over 5 years the correlation is -0.41, and the annualized covariance of weekly returns is -1327.6 %².
Out of 20 assets tracked against REZI, VXX lands near the bottom at #20. Their recent paths diverged sharply: over the last 12 months REZI outperformed by 32.4 percentage points (-17.3% for REZI 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.
REZI vs VXX: side by side
| REZI (Resideo Technologies, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -17.3% | -49.7% |
| 5-year return | -11.7% | -95.6% |
| Volatility (ann.) | 48.9% | 60.9% |
| Beta vs S&P 500 | 1.58 | -3.31 |
| Max drawdown (3Y) | -47.1% | -83.3% |
| Market cap | $3.0B | – |
| P/E (trailing) | 7.8 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | REZI | VXX |
|---|---|---|
| 2022 | -36.8% | -23.8% |
| 2023 | +14.4% | -72.5% |
| 2024 | +22.5% | -26.2% |
| 2025 | +52.4% | -42.2% |
| 2026 | -18.2% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are REZI and VXX good diversifiers for each other?
Yes: at -0.45, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between REZI and VXX?
Using weekly returns as of 2026-08-27: -0.45 over 3 years, with -0.40 over the last year and -0.41 over 5 years.
Is VXX a good diversifier for REZI?
Yes: at -0.45, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.45 mean?
A reading of -0.45 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/rezi-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rezi-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: REZI correlations · VXX correlations
