ROST vs VXX: Correlation
How closely do Ross Stores (ROST) 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 -0.27, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ROST and VXX?
Across a 3-year window, the weekly returns of ROST and VXX correlate at -0.27, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.01) than the 3-year average (-0.27). Stretching to 5 years gives -0.30, with an annualized covariance of -388.3 %².
VXX is close to the least connected end of ROST's tracked universe, ranking #29 of 32. The last year tells two different stories: ROST led by 104.0 percentage points, +54.3% for ROST against -49.7% for VXX. Risk is not evenly split, since VXX carries 2.5 times the volatility of the other side.
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.
ROST vs VXX: side by side
| ROST (Ross Stores) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +54.3% | -49.7% |
| 5-year return | +105.0% | -95.6% |
| Volatility (ann.) | 24.0% | 60.9% |
| Beta vs S&P 500 | 0.66 | -3.31 |
| Max drawdown (3Y) | -21.1% | -83.3% |
| Market cap | $73.7B | – |
| P/E (trailing) | 27.8 | – |
| Dividend yield | 0.72% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | ROST | VXX |
|---|---|---|
| 2022 | +2.9% | -23.8% |
| 2023 | +20.6% | -72.5% |
| 2024 | +10.4% | -26.2% |
| 2025 | +20.4% | -42.2% |
| 2026 | +28.1% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ROST and VXX good diversifiers for each other?
Yes. With a correlation of -0.27, ROST and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ROST and VXX?
Using weekly returns as of 2026-08-27: -0.27 over 3 years, with 0.01 over the last year and -0.30 over 5 years.
Is VXX a good diversifier for ROST?
Yes. With a correlation of -0.27, ROST and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.27 mean?
A reading of -0.27 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/rost-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rost-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ROST correlations · VXX correlations
