STK vs VXX: Correlation
Measured on weekly returns over the past three years, Columbia Seligman Premium Technology Growth Fund Inc (STK) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.65, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are STK and VXX?
Over the past 3 years, STK and VXX moved with a correlation of -0.65, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.63) sits close to the 3-year figure. Over 5 years the correlation is -0.60, and the annualized covariance of weekly returns is -1039.0 %².
Among the 33 assets we track against STK, VXX sits near the bottom by co-movement, at rank #32. Correlation aside, the last 12 months split them widely, with STK ahead by 126.5 points (+76.8% versus -49.7%). Note the risk asymmetry: VXX runs 2.3 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
STK vs VXX: side by side
| STK (Columbia Seligman Premium Technology Growth Fund Inc) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +76.8% | -49.7% |
| 5-year return | +153.2% | -95.6% |
| Volatility (ann.) | 26.4% | 60.9% |
| Beta vs S&P 500 | 1.51 | -3.31 |
| Max drawdown (3Y) | -26.6% | -83.3% |
| Market cap | – | – |
| P/E (trailing) | 5.9 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | STK | VXX |
|---|---|---|
| 2022 | -30.4% | -23.8% |
| 2023 | +49.2% | -72.5% |
| 2024 | +17.7% | -26.2% |
| 2025 | +24.9% | -42.2% |
| 2026 | +47.2% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are STK and VXX good diversifiers for each other?
Yes. With a correlation of -0.65, STK and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between STK and VXX?
The STK/VXX correlation stands at -0.65 on a 3-year window (1 year: -0.63, 5 years: -0.60), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for STK?
Yes. With a correlation of -0.65, STK and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.65 mean?
On the −1 to +1 scale, -0.65 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/stk-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/stk-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: STK correlations · VXX correlations
