TACT vs VXX: Correlation
How closely do TransAct Technologies Incorporated (TACT) 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 -0.23, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TACT and VXX?
On 3 years of weekly data the TACT/VXX correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.08) than the 3-year average (-0.23). The 5-year figure is -0.24, and annualized covariance runs at -589.6 %².
VXX is close to the least connected end of TACT's tracked universe, ranking #9 of 11. Correlation aside, the last 12 months split them widely, with TACT ahead by 73.2 points (+23.5% versus -49.7%).
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.
TACT vs VXX: side by side
| TACT (TransAct Technologies Incorporated) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +23.5% | -49.7% |
| 5-year return | -64.0% | -95.6% |
| Volatility (ann.) | 42.2% | 60.9% |
| Beta vs S&P 500 | 0.56 | -3.31 |
| Max drawdown (3Y) | -59.0% | -83.3% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TACT | VXX |
|---|---|---|
| 2022 | -42.0% | -23.8% |
| 2023 | +10.4% | -72.5% |
| 2024 | -41.4% | -26.2% |
| 2025 | -2.2% | -42.2% |
| 2026 | +26.9% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TACT and VXX good diversifiers for each other?
Yes. With a correlation of -0.23, TACT and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between TACT and VXX?
Using weekly returns as of 2026-08-27: -0.23 over 3 years, with -0.08 over the last year and -0.24 over 5 years.
Is VXX a good diversifier for TACT?
Yes. With a correlation of -0.23, TACT and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.23 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/tact-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/tact-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: TACT correlations · VXX correlations
