RPC vs VXZ: Correlation
Ridgepost Capital, Inc. (RPC) and iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) show a negative relationship: their 3-year correlation of weekly returns is -0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RPC and VXZ?
Across a 3-year window, the weekly returns of RPC and VXZ correlate at -0.46, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.41 over 1 year against -0.46 over 3. Stretching to 5 years gives -0.43, with an annualized covariance of -453.0 %².
Among the 12 assets we track against RPC, VXZ sits near the bottom by co-movement, at rank #11. On 12-month performance VXZ holds a 12.7-point edge, -28.8% against -16.1%.
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 VXZ: side by side
| RPC (Ridgepost Capital, Inc.) | VXZ (iPath Series B S&P 500 VIX Mid-Term Futures ETN) | |
|---|---|---|
| 1-year return | -28.8% | -16.1% |
| 5-year return | -23.6% | -53.1% |
| Volatility (ann.) | 38.1% | 25.6% |
| Beta vs S&P 500 | 1.41 | -1.31 |
| Max drawdown (3Y) | -50.2% | -36.4% |
| Market cap | $1.0B | – |
| P/E (trailing) | 36.3 | – |
| Dividend yield | 1.70% | – |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RPC | VXZ |
|---|---|---|
| 2022 | -23.1% | +0.5% |
| 2023 | -3.0% | -44.0% |
| 2024 | +25.2% | -12.7% |
| 2025 | -21.2% | +5.7% |
| 2026 | -10.4% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RPC and VXZ good diversifiers for each other?
Yes: at -0.46, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between RPC and VXZ?
The RPC/VXZ correlation stands at -0.46 on a 3-year window (1 year: -0.41, 5 years: -0.43), computed from weekly returns as of 2026-08-27.
Is VXZ a good diversifier for RPC?
Yes: at -0.46, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.46 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/rpc-vs-vxz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rpc-vs-vxz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: RPC correlations · VXZ correlations
