SRI vs VXX: Correlation
Measured on weekly returns over the past three years, Stoneridge, Inc. (SRI) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.35, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SRI and VXX?
Across a 3-year window, the weekly returns of SRI and VXX correlate at -0.35, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.37) sits close to the 3-year figure. Stretching to 5 years gives -0.29, with an annualized covariance of -1279.2 %².
VXX is close to the least connected end of SRI's tracked universe, ranking #13 of 14. Their recent paths diverged sharply: over the last 12 months SRI outperformed by 32.3 percentage points (-17.4% for SRI 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.
SRI vs VXX: side by side
| SRI (Stoneridge, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -17.4% | -49.7% |
| 5-year return | -69.5% | -95.6% |
| Volatility (ann.) | 59.7% | 60.9% |
| Beta vs S&P 500 | 1.79 | -3.31 |
| Max drawdown (3Y) | -82.9% | -83.3% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SRI | VXX |
|---|---|---|
| 2022 | +9.2% | -23.8% |
| 2023 | -9.2% | -72.5% |
| 2024 | -68.0% | -26.2% |
| 2025 | -7.7% | -42.2% |
| 2026 | +22.6% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SRI and VXX good diversifiers for each other?
Yes: at -0.35, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between SRI and VXX?
The SRI/VXX correlation stands at -0.35 on a 3-year window (1 year: -0.37, 5 years: -0.29), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for SRI?
Yes: at -0.35, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.35 mean?
On the −1 to +1 scale, -0.35 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/sri-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/sri-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SRI correlations · VXX correlations
