TTD vs VXX: Correlation
Measured on weekly returns over the past three years, Trade Desk (The) (TTD) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TTD and VXX?
On 3 years of weekly data the TTD/VXX correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.08 versus -0.22 over 3 years. The 5-year figure is -0.26, and annualized covariance runs at -808.3 %².
Within TTD's tracked universe of 34 assets, VXX comes in at #26 by 3-year correlation. The last year tells two different stories: VXX led by 24.8 percentage points, -74.5% for TTD 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.
TTD vs VXX: side by side
| TTD (Trade Desk (The)) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -74.5% | -49.7% |
| 5-year return | -83.4% | -95.6% |
| Volatility (ann.) | 60.7% | 60.9% |
| Beta vs S&P 500 | 1.23 | -3.31 |
| Max drawdown (3Y) | -90.7% | -83.3% |
| Market cap | $6.3B | – |
| P/E (trailing) | 15.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Communication Services | US Listed |
Year-by-year returns
| Year | TTD | VXX |
|---|---|---|
| 2022 | -51.1% | -23.8% |
| 2023 | +60.5% | -72.5% |
| 2024 | +63.3% | -26.2% |
| 2025 | -67.7% | -42.2% |
| 2026 | -64.6% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TTD and VXX good diversifiers for each other?
Yes. With a correlation of -0.22, TTD and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between TTD and VXX?
The TTD/VXX correlation stands at -0.22 on a 3-year window (1 year: 0.08, 5 years: -0.26), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for TTD?
Yes. With a correlation of -0.22, TTD and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ttd-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ttd-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: TTD correlations · VXX correlations
