STBA vs VXX: Correlation
Measured on weekly returns over the past three years, S&T Bancorp, Inc. (STBA) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.42, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are STBA and VXX?
Across a 3-year window, the weekly returns of STBA and VXX correlate at -0.42, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.19) than the 3-year average (-0.42). Stretching to 5 years gives -0.39, with an annualized covariance of -739.3 %².
Out of 25 assets tracked against STBA, VXX lands near the bottom at #24. Their recent paths diverged sharply: over the last 12 months STBA outperformed by 78.7 percentage points (+29.0% for STBA against -49.7% for VXX). Risk is not evenly split, since VXX carries 2.1 times the volatility of the other side.
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.
STBA vs VXX: side by side
| STBA (S&T Bancorp, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +29.0% | -49.7% |
| 5-year return | +102.2% | -95.6% |
| Volatility (ann.) | 28.7% | 60.9% |
| Beta vs S&P 500 | 0.68 | -3.31 |
| Max drawdown (3Y) | -26.1% | -83.3% |
| Market cap | $1.8B | – |
| P/E (trailing) | 13.3 | – |
| Dividend yield | 1.44% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | STBA | VXX |
|---|---|---|
| 2022 | +12.6% | -23.8% |
| 2023 | +2.1% | -72.5% |
| 2024 | +18.7% | -26.2% |
| 2025 | +6.7% | -42.2% |
| 2026 | +29.7% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are STBA and VXX good diversifiers for each other?
Yes: at -0.42, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between STBA and VXX?
As of 2026-08-27, the correlation of weekly returns between STBA and VXX is -0.42 over 3 years, -0.19 over 1 year and -0.39 over 5 years.
Is VXX a good diversifier for STBA?
Yes: at -0.42, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.42 mean?
A reading of -0.42 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/stba-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/stba-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: STBA correlations · VXX correlations
