TWLO vs VXX: Correlation
Measured on weekly returns over the past three years, Twilio Inc. (TWLO) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TWLO and VXX?
Across a 3-year window, the weekly returns of TWLO and VXX correlate at -0.25, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.07) than the 3-year average (-0.25). Stretching to 5 years gives -0.27, with an annualized covariance of -800.2 %².
Among the 13 assets we track against TWLO, VXX sits near the bottom by co-movement, at rank #11. The last year tells two different stories: TWLO led by 183.7 percentage points, +134.0% for TWLO 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.
TWLO vs VXX: side by side
| TWLO (Twilio Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +134.0% | -49.7% |
| 5-year return | -34.2% | -95.6% |
| Volatility (ann.) | 52.0% | 60.9% |
| Beta vs S&P 500 | 1.38 | -3.31 |
| Max drawdown (3Y) | -45.2% | -83.3% |
| Market cap | $37.1B | – |
| P/E (trailing) | 33.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TWLO | VXX |
|---|---|---|
| 2022 | -81.4% | -23.8% |
| 2023 | +55.0% | -72.5% |
| 2024 | +42.5% | -26.2% |
| 2025 | +31.6% | -42.2% |
| 2026 | +69.7% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TWLO and VXX good diversifiers for each other?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between TWLO and VXX?
Using weekly returns as of 2026-08-27: -0.25 over 3 years, with -0.07 over the last year and -0.27 over 5 years.
Is VXX a good diversifier for TWLO?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.25 mean?
A reading of -0.25 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/twlo-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/twlo-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: TWLO correlations · VXX correlations
