TRU vs VXZ: Correlation
TransUnion (TRU) and iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) show a negative relationship: their 3-year correlation of weekly returns is -0.52.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TRU and VXZ?
Across a 3-year window, the weekly returns of TRU and VXZ correlate at -0.52, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.38) than the 3-year average (-0.52). Stretching to 5 years gives -0.48, with an annualized covariance of -558.2 %².
Among the 30 assets we track against TRU, VXZ sits near the bottom by co-movement, at rank #30. On 12-month performance TRU holds a 11.8-point edge, -4.3% against -16.1%. Note the risk asymmetry: TRU runs 1.6 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
TRU vs VXZ: side by side
| TRU (TransUnion) | VXZ (iPath Series B S&P 500 VIX Mid-Term Futures ETN) | |
|---|---|---|
| 1-year return | -4.3% | -16.1% |
| 5-year return | -27.4% | -53.1% |
| Volatility (ann.) | 41.6% | 25.6% |
| Beta vs S&P 500 | 1.71 | -1.31 |
| Max drawdown (3Y) | -47.3% | -36.4% |
| Market cap | $16.2B | – |
| P/E (trailing) | 22.3 | – |
| Dividend yield | 0.28% | – |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TRU | VXZ |
|---|---|---|
| 2022 | -51.9% | +0.5% |
| 2023 | +21.8% | -44.0% |
| 2024 | +35.6% | -12.7% |
| 2025 | -7.0% | +5.7% |
| 2026 | -0.8% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TRU and VXZ good diversifiers for each other?
Yes: at -0.52, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between TRU and VXZ?
As of 2026-08-27, the correlation of weekly returns between TRU and VXZ is -0.52 over 3 years, -0.38 over 1 year and -0.48 over 5 years.
Is VXZ a good diversifier for TRU?
Yes: at -0.52, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.52 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/tru-vs-vxz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/tru-vs-vxz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: TRU correlations · VXZ correlations
