SEVN vs VXX: Correlation
Seven Hills Realty Trust (SEVN) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) show a negative relationship: their 3-year correlation of weekly returns is -0.31.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SEVN and VXX?
On 3 years of weekly data the SEVN/VXX correlation comes out at -0.31, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.13) than the 3-year average (-0.31). The 5-year figure is -0.29, and annualized covariance runs at -497.6 %².
VXX is close to the least connected end of SEVN's tracked universe, ranking #10 of 11. The last year tells two different stories: SEVN led by 29.0 percentage points, -20.7% for SEVN against -49.7% for VXX. Note the risk asymmetry: VXX runs 2.3 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
SEVN vs VXX: side by side
| SEVN (Seven Hills Realty Trust) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -20.7% | -49.7% |
| 5-year return | +17.9% | -95.6% |
| Volatility (ann.) | 26.6% | 60.9% |
| Beta vs S&P 500 | 0.53 | -3.31 |
| Max drawdown (3Y) | -34.7% | -83.3% |
| Market cap | $0.2B | – |
| P/E (trailing) | 11.2 | – |
| Dividend yield | 14.70% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SEVN | VXX |
|---|---|---|
| 2022 | -3.8% | -23.8% |
| 2023 | +61.8% | -72.5% |
| 2024 | +12.1% | -26.2% |
| 2025 | -24.3% | -42.2% |
| 2026 | -5.8% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SEVN and VXX good diversifiers for each other?
Yes. With a correlation of -0.31, SEVN and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between SEVN and VXX?
The SEVN/VXX correlation stands at -0.31 on a 3-year window (1 year: -0.13, 5 years: -0.29), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for SEVN?
Yes. With a correlation of -0.31, SEVN and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
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/sevn-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/sevn-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SEVN correlations · VXX correlations
