TBLA vs VXX: Correlation
Measured on weekly returns over the past three years, Taboola.com Ltd. (TBLA) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.31, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TBLA and VXX?
On 3 years of weekly data the TBLA/VXX correlation comes out at -0.31, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.23 over 1 year against -0.31 over 3. The 5-year figure is -0.32, and annualized covariance runs at -885.4 %².
Among the 16 assets we track against TBLA, VXX sits near the bottom by co-movement, at rank #15. The last year tells two different stories: TBLA led by 61.2 percentage points, +11.5% for TBLA 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.
TBLA vs VXX: side by side
| TBLA (Taboola.com Ltd.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +11.5% | -49.7% |
| 5-year return | -57.5% | -95.6% |
| Volatility (ann.) | 47.2% | 60.9% |
| Beta vs S&P 500 | 1.17 | -3.31 |
| Max drawdown (3Y) | -47.8% | -83.3% |
| Market cap | $1.0B | – |
| P/E (trailing) | 9.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TBLA | VXX |
|---|---|---|
| 2022 | -60.4% | -23.8% |
| 2023 | +40.6% | -72.5% |
| 2024 | -15.7% | -26.2% |
| 2025 | +26.3% | -42.2% |
| 2026 | -18.2% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TBLA 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 TBLA and VXX?
The TBLA/VXX correlation stands at -0.31 on a 3-year window (1 year: -0.23, 5 years: -0.32), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for TBLA?
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?
A reading of -0.31 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/tbla-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/tbla-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: TBLA correlations · VXX correlations
