RUM vs VXX: Correlation
Measured on weekly returns over the past three years, RUM Group Inc. (RUM) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.31, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RUM and VXX?
Across a 3-year window, the weekly returns of RUM and VXX correlate at -0.31, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.49 versus -0.31 over 3 years. Stretching to 5 years gives -0.28, with an annualized covariance of -1880.1 %².
Among the 15 assets we track against RUM, VXX sits near the bottom by co-movement, at rank #15. Correlation aside, the last 12 months split them widely, with RUM ahead by 74.6 points (+24.9% versus -49.7%). One caveat on sizing: RUM is 1.6 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.
RUM vs VXX: side by side
| RUM (RUM Group Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +24.9% | -49.7% |
| 5-year return | -2.7% | -95.6% |
| Volatility (ann.) | 100.2% | 60.9% |
| Beta vs S&P 500 | 2.14 | -3.31 |
| Max drawdown (3Y) | -71.3% | -83.3% |
| Market cap | $4.7B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RUM | VXX |
|---|---|---|
| 2022 | -45.1% | -23.8% |
| 2023 | -24.5% | -72.5% |
| 2024 | +189.8% | -26.2% |
| 2025 | -51.4% | -42.2% |
| 2026 | +49.2% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RUM and VXX good diversifiers for each other?
Yes: at -0.31, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between RUM and VXX?
As of 2026-08-27, the correlation of weekly returns between RUM and VXX is -0.31 over 3 years, -0.49 over 1 year and -0.28 over 5 years.
Is VXX a good diversifier for RUM?
Yes: at -0.31, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.31 mean?
On the −1 to +1 scale, -0.31 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/rum-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rum-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RUM correlations · VXX correlations
