SOFI vs VXX: Correlation
SoFi Technologies, Inc. (SOFI) 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 -0.53.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SOFI and VXX?
On 3 years of weekly data the SOFI/VXX correlation comes out at -0.53, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.42) than the 3-year average (-0.53). The 5-year figure is -0.45, and annualized covariance runs at -1804.4 %².
Out of 18 assets tracked against SOFI, VXX lands near the bottom at #17. Correlation aside, the last 12 months split them widely, with SOFI ahead by 26.5 points (-23.2% versus -49.7%).
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.
SOFI vs VXX: side by side
| SOFI (SoFi Technologies, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -23.2% | -49.7% |
| 5-year return | +35.2% | -95.6% |
| Volatility (ann.) | 56.2% | 60.9% |
| Beta vs S&P 500 | 2.40 | -3.31 |
| Max drawdown (3Y) | -53.0% | -83.3% |
| Market cap | $24.8B | – |
| P/E (trailing) | 38.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SOFI | VXX |
|---|---|---|
| 2022 | -70.8% | -23.8% |
| 2023 | +115.8% | -72.5% |
| 2024 | +54.8% | -26.2% |
| 2025 | +70.0% | -42.2% |
| 2026 | -26.7% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SOFI and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.53 means the two rarely move for the same reasons.
FAQ
What is the correlation between SOFI and VXX?
As of 2026-08-27, the correlation of weekly returns between SOFI and VXX is -0.53 over 3 years, -0.42 over 1 year and -0.45 over 5 years.
Is VXX a good diversifier for SOFI?
By historical standards, yes. A correlation of -0.53 means the two rarely move for the same reasons.
What does a correlation of -0.53 mean?
A reading of -0.53 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/sofi-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/sofi-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SOFI correlations · VXX correlations
