RH vs VXX: Correlation
RH (RH) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) show a negative relationship: their 3-year correlation of weekly returns is -0.48.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RH and VXX?
Across a 3-year window, the weekly returns of RH and VXX correlate at -0.48, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.28) runs above the 3-year figure (-0.48). Stretching to 5 years gives -0.47, with an annualized covariance of -1979.3 %².
Among the 16 assets we track against RH, VXX sits near the bottom by co-movement, at rank #15. On 12-month performance RH holds a 13.2-point edge, -36.5% against -49.7%.
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.
RH vs VXX: side by side
| RH (RH) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -36.5% | -49.7% |
| 5-year return | -79.8% | -95.6% |
| Volatility (ann.) | 67.4% | 60.9% |
| Beta vs S&P 500 | 2.60 | -3.31 |
| Max drawdown (3Y) | -75.2% | -83.3% |
| Market cap | $2.7B | – |
| P/E (trailing) | 28.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RH | VXX |
|---|---|---|
| 2022 | -50.1% | -23.8% |
| 2023 | +9.1% | -72.5% |
| 2024 | +35.0% | -26.2% |
| 2025 | -54.5% | -42.2% |
| 2026 | -19.2% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RH and VXX good diversifiers for each other?
Yes: at -0.48, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between RH and VXX?
As of 2026-08-27, the correlation of weekly returns between RH and VXX is -0.48 over 3 years, -0.28 over 1 year and -0.47 over 5 years.
Is VXX a good diversifier for RH?
Yes: at -0.48, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.48 mean?
On the −1 to +1 scale, -0.48 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/rh-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rh-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RH correlations · VXX correlations
