SPT vs VXX: Correlation
Sprout Social, Inc (SPT) 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 -0.34.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SPT and VXX?
On 3 years of weekly data the SPT/VXX correlation comes out at -0.34, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.27) sits close to the 3-year figure. The 5-year figure is -0.32, and annualized covariance runs at -1156.2 %².
VXX is close to the least connected end of SPT's tracked universe, ranking #22 of 24. The last year tells two different stories: SPT led by 20.1 percentage points, -29.6% for SPT 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.
SPT vs VXX: side by side
| SPT (Sprout Social, Inc) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -29.6% | -49.7% |
| 5-year return | -91.0% | -95.6% |
| Volatility (ann.) | 55.5% | 60.9% |
| Beta vs S&P 500 | 1.43 | -3.31 |
| Max drawdown (3Y) | -92.5% | -83.3% |
| Market cap | $0.7B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SPT | VXX |
|---|---|---|
| 2022 | -37.7% | -23.8% |
| 2023 | +8.8% | -72.5% |
| 2024 | -50.0% | -26.2% |
| 2025 | -63.3% | -42.2% |
| 2026 | -2.0% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SPT and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.34 means the two rarely move for the same reasons.
FAQ
What is the correlation between SPT and VXX?
As of 2026-08-27, the correlation of weekly returns between SPT and VXX is -0.34 over 3 years, -0.27 over 1 year and -0.32 over 5 years.
Is VXX a good diversifier for SPT?
By historical standards, yes. A correlation of -0.34 means the two rarely move for the same reasons.
What does a correlation of -0.34 mean?
On the −1 to +1 scale, -0.34 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/spt-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/spt-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SPT correlations · VXX correlations
