RLGT vs VXX: Correlation
Measured on weekly returns over the past three years, Radiant Logistics, Inc. (RLGT) 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 RLGT and VXX?
Across a 3-year window, the weekly returns of RLGT and VXX correlate at -0.45, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.33 versus -0.45 over 3 years. Stretching to 5 years gives -0.38, with an annualized covariance of -852.7 %².
VXX is close to the least connected end of RLGT's tracked universe, ranking #12 of 13. The last year tells two different stories: RLGT led by 84.5 percentage points, +34.8% for RLGT against -49.7% for VXX. One caveat on sizing: VXX is 2.0 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
RLGT vs VXX: side by side
| RLGT (Radiant Logistics, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +34.8% | -49.7% |
| 5-year return | +31.8% | -95.6% |
| Volatility (ann.) | 31.1% | 60.9% |
| Beta vs S&P 500 | 0.98 | -3.31 |
| Max drawdown (3Y) | -29.3% | -83.3% |
| Market cap | $0.4B | – |
| P/E (trailing) | 25.6 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RLGT | VXX |
|---|---|---|
| 2022 | -30.2% | -23.8% |
| 2023 | +30.5% | -72.5% |
| 2024 | +0.9% | -26.2% |
| 2025 | -5.5% | -42.2% |
| 2026 | +37.6% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RLGT and VXX good diversifiers for each other?
Yes. With a correlation of -0.45, RLGT and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between RLGT and VXX?
Using weekly returns as of 2026-08-27: -0.45 over 3 years, with -0.33 over the last year and -0.38 over 5 years.
Is VXX a good diversifier for RLGT?
Yes. With a correlation of -0.45, RLGT and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
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/rlgt-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rlgt-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RLGT correlations · VXX correlations
