SLQT vs VXX: Correlation
How closely do SelectQuote, Inc. (SLQT) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) trade together? Their weekly returns over three years give a correlation of -0.27, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SLQT and VXX?
On 3 years of weekly data the SLQT/VXX correlation comes out at -0.27, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.30) sits close to the 3-year figure. The 5-year figure is -0.20, and annualized covariance runs at -1395.3 %².
VXX is close to the least connected end of SLQT's tracked universe, ranking #10 of 10. The last year tells two different stories: VXX led by 27.9 percentage points, -77.6% for SLQT 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.
SLQT vs VXX: side by side
| SLQT (SelectQuote, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -77.6% | -49.7% |
| 5-year return | -93.9% | -95.6% |
| Volatility (ann.) | 86.4% | 60.9% |
| Beta vs S&P 500 | 1.55 | -3.31 |
| Max drawdown (3Y) | -91.1% | -83.3% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SLQT | VXX |
|---|---|---|
| 2022 | -92.6% | -23.8% |
| 2023 | +103.9% | -72.5% |
| 2024 | +171.5% | -26.2% |
| 2025 | -62.1% | -42.2% |
| 2026 | -61.7% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SLQT and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
FAQ
What is the correlation between SLQT and VXX?
As of 2026-08-27, the correlation of weekly returns between SLQT and VXX is -0.27 over 3 years, -0.30 over 1 year and -0.20 over 5 years.
Is VXX a good diversifier for SLQT?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
What does a correlation of -0.27 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/slqt-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/slqt-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SLQT correlations · VXX correlations
