SYNA vs VXX: Correlation
Measured on weekly returns over the past three years, Synaptics Incorporated (SYNA) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.57, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SYNA and VXX?
Across a 3-year window, the weekly returns of SYNA and VXX correlate at -0.57, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.37) runs above the 3-year figure (-0.57). Stretching to 5 years gives -0.48, with an annualized covariance of -1724.5 %².
VXX is close to the least connected end of SYNA's tracked universe, ranking #32 of 32. The last year tells two different stories: SYNA led by 87.5 percentage points, +37.8% for SYNA 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.
SYNA vs VXX: side by side
| SYNA (Synaptics Incorporated) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +37.8% | -49.7% |
| 5-year return | -48.2% | -95.6% |
| Volatility (ann.) | 49.6% | 60.9% |
| Beta vs S&P 500 | 2.15 | -3.31 |
| Max drawdown (3Y) | -64.2% | -83.3% |
| Market cap | $3.8B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SYNA | VXX |
|---|---|---|
| 2022 | -67.1% | -23.8% |
| 2023 | +19.9% | -72.5% |
| 2024 | -33.1% | -26.2% |
| 2025 | -3.0% | -42.2% |
| 2026 | +31.8% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SYNA and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.57 means the two rarely move for the same reasons.
FAQ
What is the correlation between SYNA and VXX?
Using weekly returns as of 2026-08-27: -0.57 over 3 years, with -0.37 over the last year and -0.48 over 5 years.
Is VXX a good diversifier for SYNA?
By historical standards, yes. A correlation of -0.57 means the two rarely move for the same reasons.
What does a correlation of -0.57 mean?
A reading of -0.57 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/syna-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/syna-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SYNA correlations · VXX correlations
