TRUP vs VXX: Correlation
Trupanion, Inc. (TRUP) 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 -0.31.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TRUP and VXX?
Across a 3-year window, the weekly returns of TRUP and VXX correlate at -0.31, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.17) than the 3-year average (-0.31). Stretching to 5 years gives -0.30, with an annualized covariance of -1135.8 %².
Among the 10 assets we track against TRUP, VXX sits near the bottom by co-movement, at rank #9. Over the last 12 months TRUP came out ahead by 13.7 percentage points (-36.0% 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.
TRUP vs VXX: side by side
| TRUP (Trupanion, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -36.0% | -49.7% |
| 5-year return | -68.9% | -95.6% |
| Volatility (ann.) | 60.9% | 60.9% |
| Beta vs S&P 500 | 1.57 | -3.31 |
| Max drawdown (3Y) | -62.0% | -83.3% |
| Market cap | $1.3B | – |
| P/E (trailing) | 57.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TRUP | VXX |
|---|---|---|
| 2022 | -64.0% | -23.8% |
| 2023 | -35.8% | -72.5% |
| 2024 | +58.0% | -26.2% |
| 2025 | -22.5% | -42.2% |
| 2026 | -20.7% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TRUP and VXX good diversifiers for each other?
Yes. With a correlation of -0.31, TRUP and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between TRUP and VXX?
Using weekly returns as of 2026-08-27: -0.31 over 3 years, with -0.17 over the last year and -0.30 over 5 years.
Is VXX a good diversifier for TRUP?
Yes. With a correlation of -0.31, TRUP and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
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/trup-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/trup-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: TRUP correlations · VXX correlations
