RVTY vs VXX: Correlation
Measured on weekly returns over the past three years, Revvity (RVTY) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RVTY and VXX?
Over the past 3 years, RVTY and VXX moved with a correlation of -0.25, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.34) sits close to the 3-year figure. Over 5 years the correlation is -0.30, and the annualized covariance of weekly returns is -528.8 %².
Out of 39 assets tracked against RVTY, VXX lands near the bottom at #39. Their recent paths diverged sharply: over the last 12 months RVTY outperformed by 96.5 percentage points (+46.8% for RVTY 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.
RVTY vs VXX: side by side
| RVTY (Revvity) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +46.8% | -49.7% |
| 5-year return | -30.2% | -95.6% |
| Volatility (ann.) | 34.2% | 60.9% |
| Beta vs S&P 500 | 0.81 | -3.31 |
| Max drawdown (3Y) | -35.3% | -83.3% |
| Market cap | $14.5B | – |
| P/E (trailing) | 62.4 | – |
| Dividend yield | 0.22% | 0.00% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | RVTY | VXX |
|---|---|---|
| 2022 | -30.1% | -23.8% |
| 2023 | -21.9% | -72.5% |
| 2024 | +2.4% | -26.2% |
| 2025 | -13.1% | -42.2% |
| 2026 | +34.3% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RVTY and VXX good diversifiers for each other?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between RVTY and VXX?
As of 2026-08-27, the correlation of weekly returns between RVTY and VXX is -0.25 over 3 years, -0.34 over 1 year and -0.30 over 5 years.
Is VXX a good diversifier for RVTY?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.25 mean?
On the −1 to +1 scale, -0.25 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/rvty-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rvty-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RVTY correlations · VXX correlations
