USFD vs VXZ: Correlation
Measured on weekly returns over the past three years, US Foods Holding Corp. (USFD) and iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) carry a correlation of -0.39, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are USFD and VXZ?
Over the past 3 years, USFD and VXZ moved with a correlation of -0.39, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.27 versus -0.39 over 3 years. Over 5 years the correlation is -0.43, and the annualized covariance of weekly returns is -272.2 %².
Out of 13 assets tracked against USFD, VXZ lands near the bottom at #13. The last year tells two different stories: USFD led by 54.9 percentage points, +38.8% for USFD against -16.1% for VXZ.
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 VXZ: side by side
| USFD (US Foods Holding Corp.) | VXZ (iPath Series B S&P 500 VIX Mid-Term Futures ETN) | |
|---|---|---|
| 1-year return | +38.8% | -16.1% |
| 5-year return | +223.0% | -53.1% |
| Volatility (ann.) | 27.4% | 25.6% |
| Beta vs S&P 500 | 0.64 | -1.31 |
| Max drawdown (3Y) | -21.1% | -36.4% |
| Market cap | $23.3B | – |
| P/E (trailing) | 33.4 | – |
| Dividend yield | 0.00% | – |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | USFD | VXZ |
|---|---|---|
| 2022 | -2.3% | +0.5% |
| 2023 | +33.5% | -44.0% |
| 2024 | +48.6% | -12.7% |
| 2025 | +11.7% | +5.7% |
| 2026 | +43.1% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are USFD and VXZ good diversifiers for each other?
Yes: at -0.39, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between USFD and VXZ?
The USFD/VXZ correlation stands at -0.39 on a 3-year window (1 year: -0.27, 5 years: -0.43), computed from weekly returns as of 2026-08-27.
Is VXZ a good diversifier for USFD?
Yes: at -0.39, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.39 mean?
A reading of -0.39 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/usfd-vs-vxz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/usfd-vs-vxz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: USFD correlations · VXZ correlations
