SUNS vs VXX: Correlation
Measured on weekly returns over the past three years, Sunrise Realty Trust, Inc. (SUNS) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.36, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SUNS and VXX?
Across a 3-year window, the weekly returns of SUNS and VXX correlate at -0.36, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.31 over 1 year against -0.36 over 3. Stretching to 5 years gives n/a, with an annualized covariance of -989.3 %².
Out of 19 assets tracked against SUNS, VXX lands near the bottom at #17. The last year tells two different stories: SUNS led by 26.6 percentage points, -23.1% for SUNS against -49.7% for VXX. Risk is not evenly split, since VXX carries 1.5 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.
SUNS vs VXX: side by side
| SUNS (Sunrise Realty Trust, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -23.1% | -49.7% |
| 5-year return | n/a | -95.6% |
| Volatility (ann.) | 40.6% | 60.9% |
| Beta vs S&P 500 | 0.99 | -3.31 |
| Max drawdown (3Y) | -44.3% | -83.3% |
| Market cap | $0.1B | – |
| P/E (trailing) | 7.9 | – |
| Dividend yield | 15.89% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SUNS | VXX |
|---|---|---|
| 2022 | – | -23.8% |
| 2023 | – | -72.5% |
| 2024 | – | -26.2% |
| 2025 | -25.0% | -42.2% |
| 2026 | -13.9% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SUNS and VXX good diversifiers for each other?
Yes. With a correlation of -0.36, SUNS and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between SUNS and VXX?
The SUNS/VXX correlation stands at -0.36 on a 3-year window (1 year: -0.31, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for SUNS?
Yes. With a correlation of -0.36, SUNS and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.36 mean?
On the −1 to +1 scale, -0.36 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/suns-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/suns-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SUNS correlations · VXX correlations
