USFD vs VXX: Correlation
US Foods Holding Corp. (USFD) 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 -0.34.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are USFD and VXX?
Across a 3-year window, the weekly returns of USFD and VXX correlate at -0.34, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.17) runs above the 3-year figure (-0.34). Stretching to 5 years gives -0.35, with an annualized covariance of -560.3 %².
VXX is close to the least connected end of USFD's tracked universe, ranking #12 of 13. The last year tells two different stories: USFD led by 88.5 percentage points, +38.8% for USFD against -49.7% for VXX. Note the risk asymmetry: VXX runs 2.2 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.
USFD vs VXX: side by side
| USFD (US Foods Holding Corp.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +38.8% | -49.7% |
| 5-year return | +223.0% | -95.6% |
| Volatility (ann.) | 27.4% | 60.9% |
| Beta vs S&P 500 | 0.64 | -3.31 |
| Max drawdown (3Y) | -21.1% | -83.3% |
| Market cap | $23.3B | – |
| P/E (trailing) | 33.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | USFD | VXX |
|---|---|---|
| 2022 | -2.3% | -23.8% |
| 2023 | +33.5% | -72.5% |
| 2024 | +48.6% | -26.2% |
| 2025 | +11.7% | -42.2% |
| 2026 | +43.1% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are USFD and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.34 means the two rarely move for the same reasons.
FAQ
What is the correlation between USFD and VXX?
As of 2026-08-27, the correlation of weekly returns between USFD and VXX is -0.34 over 3 years, -0.17 over 1 year and -0.35 over 5 years.
Is VXX a good diversifier for USFD?
By historical standards, yes. A correlation of -0.34 means the two rarely move for the same reasons.
What does a correlation of -0.34 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/usfd-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/usfd-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: USFD correlations · VXX correlations
