SEVN vs VXZ: Correlation
Seven Hills Realty Trust (SEVN) and iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) show a negative relationship: their 3-year correlation of weekly returns is -0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SEVN and VXZ?
Over the past 3 years, SEVN and VXZ moved with a correlation of -0.37, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.29 over 1 year against -0.37 over 3. Over 5 years the correlation is -0.34, and the annualized covariance of weekly returns is -253.2 %².
VXZ is close to the least connected end of SEVN's tracked universe, ranking #11 of 11. Neither side won the trailing year by much: -20.7% against -16.1%.
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 VXZ: side by side
| SEVN (Seven Hills Realty Trust) | VXZ (iPath Series B S&P 500 VIX Mid-Term Futures ETN) | |
|---|---|---|
| 1-year return | -20.7% | -16.1% |
| 5-year return | +17.9% | -53.1% |
| Volatility (ann.) | 26.6% | 25.6% |
| Beta vs S&P 500 | 0.53 | -1.31 |
| Max drawdown (3Y) | -34.7% | -36.4% |
| Market cap | $0.2B | – |
| P/E (trailing) | 11.2 | – |
| Dividend yield | 14.70% | – |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SEVN | VXZ |
|---|---|---|
| 2022 | -3.8% | +0.5% |
| 2023 | +61.8% | -44.0% |
| 2024 | +12.1% | -12.7% |
| 2025 | -24.3% | +5.7% |
| 2026 | -5.8% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SEVN and VXZ good diversifiers for each other?
Yes: at -0.37, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between SEVN and VXZ?
As of 2026-08-27, the correlation of weekly returns between SEVN and VXZ is -0.37 over 3 years, -0.29 over 1 year and -0.34 over 5 years.
Is VXZ a good diversifier for SEVN?
Yes: at -0.37, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.37 mean?
On the −1 to +1 scale, -0.37 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-vxz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/sevn-vs-vxz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: SEVN correlations · VXZ correlations
