SGC vs VXX: Correlation
Superior Group of Companies, Inc. (SGC) 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 -0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SGC and VXX?
Over the past 3 years, SGC and VXX moved with a correlation of -0.30, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.19) runs above the 3-year figure (-0.30). Over 5 years the correlation is -0.33, and the annualized covariance of weekly returns is -813.5 %².
Among the 10 assets we track against SGC, VXX sits near the bottom by co-movement, at rank #10. Their recent paths diverged sharply: over the last 12 months SGC outperformed by 44.5 percentage points (-5.2% for SGC 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.
SGC vs VXX: side by side
| SGC (Superior Group of Companies, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -5.2% | -49.7% |
| 5-year return | -35.8% | -95.6% |
| Volatility (ann.) | 44.5% | 60.9% |
| Beta vs S&P 500 | 1.20 | -3.31 |
| Max drawdown (3Y) | -58.1% | -83.3% |
| Market cap | $0.2B | – |
| P/E (trailing) | 22.5 | – |
| Dividend yield | 4.52% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SGC | VXX |
|---|---|---|
| 2022 | -52.4% | -23.8% |
| 2023 | +42.3% | -72.5% |
| 2024 | +26.9% | -26.2% |
| 2025 | -38.4% | -42.2% |
| 2026 | +30.3% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SGC and VXX good diversifiers for each other?
Yes: at -0.30, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between SGC and VXX?
As of 2026-08-27, the correlation of weekly returns between SGC and VXX is -0.30 over 3 years, -0.19 over 1 year and -0.33 over 5 years.
Is VXX a good diversifier for SGC?
Yes: at -0.30, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.30 mean?
A reading of -0.30 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/sgc-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/sgc-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SGC correlations · VXX correlations
