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RVLV vs VXX: Correlation

How closely do Revolve Group, Inc. (RVLV) 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 -0.43, which is negative.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.43
negative
Correlation (1Y)
-0.24
last 12 months
Correlation (5Y)
-0.41
long-run
Ann. covariance
-1431.2
%² · weekly, annualized

How correlated are RVLV and VXX?

On 3 years of weekly data the RVLV/VXX correlation comes out at -0.43, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.24) than the 3-year average (-0.43). The 5-year figure is -0.41, and annualized covariance runs at -1431.2 %².

VXX is close to the least connected end of RVLV's tracked universe, ranking #20 of 21. The last year tells two different stories: RVLV led by 49.8 percentage points, +0.1% for RVLV against -49.7% for VXX.

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.

RVLV vs VXX: side by side

RVLV (Revolve Group, Inc.)VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN)
1-year return+0.1%-49.7%
5-year return-59.7%-95.6%
Volatility (ann.)54.1%60.9%
Beta vs S&P 5001.64-3.31
Max drawdown (3Y)-56.0%-83.3%
Market cap$1.6B
P/E (trailing)23.0
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: RVLV -56.0% vs -83.3%Higher 5y return: RVLV -59.7% vs -95.6%
-49%0%+29%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. RVLV · VXX

Year-by-year returns

YearRVLVVXX
2022-60.3%-23.8%
2023-25.5%-72.5%
2024+102.0%-26.2%
2025-9.9%-42.2%
2026-23.9%-31.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are RVLV and VXX good diversifiers for each other?

By historical standards, yes. A correlation of -0.43 means the two rarely move for the same reasons.

FAQ

What is the correlation between RVLV and VXX?

The RVLV/VXX correlation stands at -0.43 on a 3-year window (1 year: -0.24, 5 years: -0.41), computed from weekly returns as of 2026-08-27.

Is VXX a good diversifier for RVLV?

By historical standards, yes. A correlation of -0.43 means the two rarely move for the same reasons.

What does a correlation of -0.43 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

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RVLV vs VXX: 3-year weekly correlation -0.43RVLV vs VXX-0.43

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Hubs: RVLV correlations · VXX correlations