TILE vs VXX: Correlation
How closely do Interface, Inc. (TILE) 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 -0.33, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TILE and VXX?
On 3 years of weekly data the TILE/VXX correlation comes out at -0.33, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.39 lands near the 3-year figure. The 5-year figure is -0.36, and annualized covariance runs at -809.6 %².
Among the 17 assets we track against TILE, VXX sits near the bottom by co-movement, at rank #16. The last year tells two different stories: TILE led by 90.0 percentage points, +40.3% for TILE 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.
TILE vs VXX: side by side
| TILE (Interface, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +40.3% | -49.7% |
| 5-year return | +167.4% | -95.6% |
| Volatility (ann.) | 40.8% | 60.9% |
| Beta vs S&P 500 | 0.93 | -3.31 |
| Max drawdown (3Y) | -33.6% | -83.3% |
| Market cap | $2.2B | – |
| P/E (trailing) | 15.7 | – |
| Dividend yield | 0.26% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TILE | VXX |
|---|---|---|
| 2022 | -37.9% | -23.8% |
| 2023 | +28.5% | -72.5% |
| 2024 | +93.4% | -26.2% |
| 2025 | +14.9% | -42.2% |
| 2026 | +36.0% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TILE and VXX good diversifiers for each other?
Yes. With a correlation of -0.33, TILE and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between TILE and VXX?
As of 2026-08-27, the correlation of weekly returns between TILE and VXX is -0.33 over 3 years, -0.39 over 1 year and -0.36 over 5 years.
Is VXX a good diversifier for TILE?
Yes. With a correlation of -0.33, TILE and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.33 mean?
A reading of -0.33 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/tile-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/tile-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: TILE correlations · VXX correlations
