SNFCA vs VXX: Correlation
Security National Financial Corporation (SNFCA) 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 -0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SNFCA and VXX?
Over the past 3 years, SNFCA and VXX moved with a correlation of -0.46, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.20) than the 3-year average (-0.46). Over 5 years the correlation is -0.40, and the annualized covariance of weekly returns is -961.9 %².
VXX is close to the least connected end of SNFCA's tracked universe, ranking #11 of 12. Their recent paths diverged sharply: over the last 12 months SNFCA outperformed by 54.1 percentage points (+4.4% for SNFCA against -49.7% for VXX). Note the risk asymmetry: VXX runs 1.8 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
SNFCA vs VXX: side by side
| SNFCA (Security National Financial Corporation) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +4.4% | -49.7% |
| 5-year return | +22.0% | -95.6% |
| Volatility (ann.) | 34.6% | 60.9% |
| Beta vs S&P 500 | 1.07 | -3.31 |
| Max drawdown (3Y) | -39.5% | -83.3% |
| Market cap | $0.2B | – |
| P/E (trailing) | 6.9 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SNFCA | VXX |
|---|---|---|
| 2022 | -16.7% | -23.8% |
| 2023 | +29.5% | -72.5% |
| 2024 | +40.4% | -26.2% |
| 2025 | -21.4% | -42.2% |
| 2026 | +1.9% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SNFCA and VXX good diversifiers for each other?
Yes. With a correlation of -0.46, SNFCA and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between SNFCA and VXX?
The SNFCA/VXX correlation stands at -0.46 on a 3-year window (1 year: -0.20, 5 years: -0.40), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for SNFCA?
Yes. With a correlation of -0.46, SNFCA and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.46 mean?
On the −1 to +1 scale, -0.46 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/snfca-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/snfca-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SNFCA correlations · VXX correlations
