RPC vs VXX: Correlation
How closely do Ridgepost Capital, Inc. (RPC) 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 -0.47, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RPC and VXX?
Across a 3-year window, the weekly returns of RPC and VXX correlate at -0.47, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.39) sits close to the 3-year figure. Stretching to 5 years gives -0.43, with an annualized covariance of -1091.5 %².
VXX is close to the least connected end of RPC's tracked universe, ranking #12 of 12. Their recent paths diverged sharply: over the last 12 months RPC outperformed by 20.9 percentage points (-28.8% for RPC against -49.7% for VXX). Note the risk asymmetry: VXX runs 1.6 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
RPC vs VXX: side by side
| RPC (Ridgepost Capital, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -28.8% | -49.7% |
| 5-year return | -23.6% | -95.6% |
| Volatility (ann.) | 38.1% | 60.9% |
| Beta vs S&P 500 | 1.41 | -3.31 |
| Max drawdown (3Y) | -50.2% | -83.3% |
| Market cap | $1.0B | – |
| P/E (trailing) | 36.3 | – |
| Dividend yield | 1.70% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RPC | VXX |
|---|---|---|
| 2022 | -23.1% | -23.8% |
| 2023 | -3.0% | -72.5% |
| 2024 | +25.2% | -26.2% |
| 2025 | -21.2% | -42.2% |
| 2026 | -10.4% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RPC and VXX good diversifiers for each other?
Yes: at -0.47, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between RPC and VXX?
As of 2026-08-27, the correlation of weekly returns between RPC and VXX is -0.47 over 3 years, -0.39 over 1 year and -0.43 over 5 years.
Is VXX a good diversifier for RPC?
Yes: at -0.47, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.47 mean?
A reading of -0.47 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/rpc-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rpc-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RPC correlations · VXX correlations
