SFIX vs VXX: Correlation
Measured on weekly returns over the past three years, Stitch Fix, Inc. (SFIX) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.34, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SFIX and VXX?
Across a 3-year window, the weekly returns of SFIX and VXX correlate at -0.34, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.16) than the 3-year average (-0.34). Stretching to 5 years gives -0.31, with an annualized covariance of -1548.7 %².
Out of 10 assets tracked against SFIX, VXX lands near the bottom at #10. The trailing year gives SFIX the advantage: -43.5% versus -49.7%, a 6.2-point spread.
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.
SFIX vs VXX: side by side
| SFIX (Stitch Fix, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -43.5% | -49.7% |
| 5-year return | -92.6% | -95.6% |
| Volatility (ann.) | 74.6% | 60.9% |
| Beta vs S&P 500 | 1.71 | -3.31 |
| Max drawdown (3Y) | -58.6% | -83.3% |
| Market cap | $0.4B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SFIX | VXX |
|---|---|---|
| 2022 | -83.6% | -23.8% |
| 2023 | +14.8% | -72.5% |
| 2024 | +20.7% | -26.2% |
| 2025 | +21.8% | -42.2% |
| 2026 | -41.1% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SFIX and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.34 means the two rarely move for the same reasons.
FAQ
What is the correlation between SFIX and VXX?
Using weekly returns as of 2026-08-27: -0.34 over 3 years, with -0.16 over the last year and -0.31 over 5 years.
Is VXX a good diversifier for SFIX?
By historical standards, yes. A correlation of -0.34 means the two rarely move for the same reasons.
What does a correlation of -0.34 mean?
On the −1 to +1 scale, -0.34 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/sfix-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/sfix-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SFIX correlations · VXX correlations
