SIRI vs VXX: Correlation
SiriusXM Holdings Inc. (SIRI) 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 -0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SIRI and VXX?
Across a 3-year window, the weekly returns of SIRI and VXX correlate at -0.37, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.26) than the 3-year average (-0.37). Stretching to 5 years gives -0.32, with an annualized covariance of -1058.8 %².
Out of 11 assets tracked against SIRI, VXX lands near the bottom at #11. Their recent paths diverged sharply: over the last 12 months SIRI outperformed by 75.6 percentage points (+25.9% for SIRI 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.
SIRI vs VXX: side by side
| SIRI (SiriusXM Holdings Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +25.9% | -49.7% |
| 5-year return | -45.1% | -95.6% |
| Volatility (ann.) | 46.6% | 60.9% |
| Beta vs S&P 500 | 1.30 | -3.31 |
| Max drawdown (3Y) | -64.5% | -83.3% |
| Market cap | $9.6B | – |
| P/E (trailing) | 11.4 | – |
| Dividend yield | 3.79% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SIRI | VXX |
|---|---|---|
| 2022 | -3.2% | -23.8% |
| 2023 | -4.3% | -72.5% |
| 2024 | -56.9% | -26.2% |
| 2025 | -8.0% | -42.2% |
| 2026 | +47.1% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SIRI and VXX good diversifiers for each other?
Yes. With a correlation of -0.37, SIRI and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between SIRI and VXX?
Using weekly returns as of 2026-08-27: -0.37 over 3 years, with -0.26 over the last year and -0.32 over 5 years.
Is VXX a good diversifier for SIRI?
Yes. With a correlation of -0.37, SIRI and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.37 mean?
A reading of -0.37 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/siri-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/siri-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SIRI correlations · VXX correlations
