RSVR vs VXX: Correlation
How closely do Reservoir Media, Inc.. (RSVR) 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 RSVR and VXX?
Across a 3-year window, the weekly returns of RSVR and VXX correlate at -0.27, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.17) runs above the 3-year figure (-0.27). Stretching to 5 years gives -0.21, with an annualized covariance of -537.2 %².
Out of 10 assets tracked against RSVR, VXX lands near the bottom at #9. The last year tells two different stories: RSVR led by 73.9 percentage points, +24.2% for RSVR against -49.7% for VXX. Risk is not evenly split, since VXX carries 1.8 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.
RSVR vs VXX: side by side
| RSVR (Reservoir Media, Inc..) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +24.2% | -49.7% |
| 5-year return | +8.6% | -95.6% |
| Volatility (ann.) | 33.2% | 60.9% |
| Beta vs S&P 500 | 0.63 | -3.31 |
| Max drawdown (3Y) | -28.5% | -83.3% |
| Market cap | $0.6B | – |
| P/E (trailing) | 69.6 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RSVR | VXX |
|---|---|---|
| 2022 | -24.5% | -23.8% |
| 2023 | +19.4% | -72.5% |
| 2024 | +26.9% | -26.2% |
| 2025 | -16.4% | -42.2% |
| 2026 | +28.8% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RSVR and VXX good diversifiers for each other?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between RSVR and VXX?
As of 2026-08-27, the correlation of weekly returns between RSVR and VXX is -0.27 over 3 years, 0.17 over 1 year and -0.21 over 5 years.
Is VXX a good diversifier for RSVR?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
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/rsvr-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rsvr-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RSVR correlations · VXX correlations
