TRIP vs VXX: Correlation
Measured on weekly returns over the past three years, TripAdvisor, Inc. (TRIP) 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 TRIP and VXX?
Across a 3-year window, the weekly returns of TRIP and VXX correlate at -0.31, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.19) than the 3-year average (-0.31). Stretching to 5 years gives -0.31, with an annualized covariance of -1013.5 %².
Among the 13 assets we track against TRIP, VXX sits near the bottom by co-movement, at rank #13. Over the last 12 months TRIP came out ahead by 6.9 percentage points (-42.8% against -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.
TRIP vs VXX: side by side
| TRIP (TripAdvisor, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -42.8% | -49.7% |
| 5-year return | -71.6% | -95.6% |
| Volatility (ann.) | 54.5% | 60.9% |
| Beta vs S&P 500 | 1.14 | -3.31 |
| Max drawdown (3Y) | -67.6% | -83.3% |
| Market cap | $1.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TRIP | VXX |
|---|---|---|
| 2022 | -34.0% | -23.8% |
| 2023 | +19.7% | -72.5% |
| 2024 | -31.4% | -26.2% |
| 2025 | -1.4% | -42.2% |
| 2026 | -32.8% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TRIP 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 TRIP and VXX?
As of 2026-08-27, the correlation of weekly returns between TRIP and VXX is -0.31 over 3 years, -0.19 over 1 year and -0.31 over 5 years.
Is VXX a good diversifier for TRIP?
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/trip-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/trip-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: TRIP correlations · VXX correlations
