SYM vs VXX: Correlation
How closely do Symbotic Inc. (SYM) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) trade together? Their weekly returns over three years give a correlation of -0.31, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SYM and VXX?
Across a 3-year window, the weekly returns of SYM and VXX correlate at -0.31, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.30 over 1 year against -0.31 over 3. Stretching to 5 years gives -0.17, with an annualized covariance of -1654.4 %².
Out of 12 assets tracked against SYM, VXX lands near the bottom at #11. Their recent paths diverged sharply: over the last 12 months SYM outperformed by 35.9 percentage points (-13.8% for SYM against -49.7% for VXX).
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.
SYM vs VXX: side by side
| SYM (Symbotic Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -13.8% | -49.7% |
| 5-year return | +324.6% | -95.6% |
| Volatility (ann.) | 86.6% | 60.9% |
| Beta vs S&P 500 | 2.49 | -3.31 |
| Max drawdown (3Y) | -69.9% | -83.3% |
| Market cap | $24.9B | – |
| P/E (trailing) | 1028.5 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SYM | VXX |
|---|---|---|
| 2022 | +19.4% | -23.8% |
| 2023 | +329.9% | -72.5% |
| 2024 | -53.8% | -26.2% |
| 2025 | +150.9% | -42.2% |
| 2026 | -30.9% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SYM and VXX good diversifiers for each other?
Yes: at -0.31, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between SYM and VXX?
As of 2026-08-27, the correlation of weekly returns between SYM and VXX is -0.31 over 3 years, -0.30 over 1 year and -0.17 over 5 years.
Is VXX a good diversifier for SYM?
Yes: at -0.31, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.31 mean?
On the −1 to +1 scale, -0.31 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/sym-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/sym-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SYM correlations · VXX correlations
