STLA vs VXX: Correlation
Measured on weekly returns over the past three years, Stellantis N.V. (STLA) 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 STLA and VXX?
Across a 3-year window, the weekly returns of STLA and VXX correlate at -0.42, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.33 lands near the 3-year figure. Stretching to 5 years gives -0.44, with an annualized covariance of -1135.8 %².
Among the 13 assets we track against STLA, VXX sits near the bottom by co-movement, at rank #13. The trailing year gives STLA the advantage: -44.5% versus -49.7%, a 5.2-point spread.
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.
STLA vs VXX: side by side
| STLA (Stellantis N.V.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -44.5% | -49.7% |
| 5-year return | -63.8% | -95.6% |
| Volatility (ann.) | 44.7% | 60.9% |
| Beta vs S&P 500 | 1.33 | -3.31 |
| Max drawdown (3Y) | -80.0% | -83.3% |
| Market cap | $19.9B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | STLA | VXX |
|---|---|---|
| 2022 | -18.2% | -23.8% |
| 2023 | +79.2% | -72.5% |
| 2024 | -40.2% | -26.2% |
| 2025 | -9.2% | -42.2% |
| 2026 | -51.5% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are STLA and VXX good diversifiers for each other?
Yes. With a correlation of -0.42, STLA and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between STLA and VXX?
As of 2026-08-27, the correlation of weekly returns between STLA and VXX is -0.42 over 3 years, -0.33 over 1 year and -0.44 over 5 years.
Is VXX a good diversifier for STLA?
Yes. With a correlation of -0.42, STLA and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
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/stla-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/stla-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: STLA correlations · VXX correlations
