TREE vs VXX: Correlation
LendingTree, Inc. (TREE) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) show a negative relationship: their 3-year correlation of weekly returns is -0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TREE and VXX?
Across a 3-year window, the weekly returns of TREE and VXX correlate at -0.35, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.09) than the 3-year average (-0.35). Stretching to 5 years gives -0.36, with an annualized covariance of -1640.1 %².
Among the 15 assets we track against TREE, VXX sits near the bottom by co-movement, at rank #14. The trailing year gives VXX the advantage: -58.2% versus -49.7%, a 8.5-point spread.
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.
TREE vs VXX: side by side
| TREE (LendingTree, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -58.2% | -49.7% |
| 5-year return | -83.0% | -95.6% |
| Volatility (ann.) | 76.1% | 60.9% |
| Beta vs S&P 500 | 1.99 | -3.31 |
| Max drawdown (3Y) | -63.0% | -83.3% |
| Market cap | $0.4B | – |
| P/E (trailing) | 2.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TREE | VXX |
|---|---|---|
| 2022 | -82.6% | -23.8% |
| 2023 | +42.1% | -72.5% |
| 2024 | +27.8% | -26.2% |
| 2025 | +37.0% | -42.2% |
| 2026 | -46.7% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TREE and VXX good diversifiers for each other?
Yes: at -0.35, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between TREE and VXX?
Using weekly returns as of 2026-08-27: -0.35 over 3 years, with -0.09 over the last year and -0.36 over 5 years.
Is VXX a good diversifier for TREE?
Yes: at -0.35, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.35 mean?
A reading of -0.35 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/tree-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/tree-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: TREE correlations · VXX correlations
