SRAD vs VXX: Correlation
Sportradar Group AG - Class A (SRAD) 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 -0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SRAD and VXX?
Across a 3-year window, the weekly returns of SRAD and VXX correlate at -0.33, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.26) sits close to the 3-year figure. Stretching to 5 years gives -0.35, with an annualized covariance of -843.0 %².
Out of 10 assets tracked against SRAD, VXX lands near the bottom at #10. Over the last 12 months VXX came out ahead by 9.5 percentage points (-59.2% against -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.
SRAD vs VXX: side by side
| SRAD (Sportradar Group AG - Class A) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -59.2% | -49.7% |
| 5-year return | -49.0% | -95.6% |
| Volatility (ann.) | 42.2% | 60.9% |
| Beta vs S&P 500 | 0.97 | -3.31 |
| Max drawdown (3Y) | -61.2% | -83.3% |
| Market cap | $3.8B | – |
| P/E (trailing) | 213.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SRAD | VXX |
|---|---|---|
| 2022 | -43.3% | -23.8% |
| 2023 | +10.9% | -72.5% |
| 2024 | +56.9% | -26.2% |
| 2025 | +37.1% | -42.2% |
| 2026 | -46.2% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SRAD and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.33 means the two rarely move for the same reasons.
FAQ
What is the correlation between SRAD and VXX?
As of 2026-08-27, the correlation of weekly returns between SRAD and VXX is -0.33 over 3 years, -0.26 over 1 year and -0.35 over 5 years.
Is VXX a good diversifier for SRAD?
By historical standards, yes. A correlation of -0.33 means the two rarely move for the same reasons.
What does a correlation of -0.33 mean?
On the −1 to +1 scale, -0.33 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/srad-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/srad-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SRAD correlations · VXX correlations
