STRR vs VXX: Correlation
Measured on weekly returns over the past three years, Star Equity Holdings, Inc. (STRR) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are STRR and VXX?
On 3 years of weekly data the STRR/VXX correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.12) than the 3-year average (-0.25). The 5-year figure is -0.17, and annualized covariance runs at -531.1 %².
Among the 10 assets we track against STRR, VXX sits near the bottom by co-movement, at rank #10. Their recent paths diverged sharply: over the last 12 months STRR outperformed by 57.3 percentage points (+7.6% for STRR against -49.7% for VXX). One caveat on sizing: VXX is 1.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
STRR vs VXX: side by side
| STRR (Star Equity Holdings, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +7.6% | -49.7% |
| 5-year return | -38.9% | -95.6% |
| Volatility (ann.) | 35.1% | 60.9% |
| Beta vs S&P 500 | 0.69 | -3.31 |
| Max drawdown (3Y) | -62.9% | -83.3% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | STRR | VXX |
|---|---|---|
| 2022 | -22.0% | -23.8% |
| 2023 | -31.6% | -72.5% |
| 2024 | -15.8% | -26.2% |
| 2025 | -13.8% | -42.2% |
| 2026 | -9.6% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are STRR and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
FAQ
What is the correlation between STRR and VXX?
As of 2026-08-27, the correlation of weekly returns between STRR and VXX is -0.25 over 3 years, -0.12 over 1 year and -0.17 over 5 years.
Is VXX a good diversifier for STRR?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
What does a correlation of -0.25 mean?
A reading of -0.25 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/strr-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/strr-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: STRR correlations · VXX correlations
