UUUU vs VXX: Correlation
How closely do Energy Fuels Inc (UUUU) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) trade together? Their weekly returns over three years give a correlation of -0.27, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are UUUU and VXX?
Over the past 3 years, UUUU and VXX moved with a correlation of -0.27, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.28) sits close to the 3-year figure. Over 5 years the correlation is -0.27, and the annualized covariance of weekly returns is -1164.9 %².
Out of 20 assets tracked against UUUU, VXX lands near the bottom at #20. Their recent paths diverged sharply: over the last 12 months UUUU outperformed by 87.8 percentage points (+38.1% for UUUU 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.
UUUU vs VXX: side by side
| UUUU (Energy Fuels Inc) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +38.1% | -49.7% |
| 5-year return | +207.4% | -95.6% |
| Volatility (ann.) | 70.3% | 60.9% |
| Beta vs S&P 500 | 1.46 | -3.31 |
| Max drawdown (3Y) | -61.5% | -83.3% |
| Market cap | $3.9B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | UUUU | VXX |
|---|---|---|
| 2022 | -18.6% | -23.8% |
| 2023 | +15.8% | -72.5% |
| 2024 | -28.7% | -26.2% |
| 2025 | +183.4% | -42.2% |
| 2026 | +8.3% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are UUUU and VXX good diversifiers for each other?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between UUUU and VXX?
The UUUU/VXX correlation stands at -0.27 on a 3-year window (1 year: -0.28, 5 years: -0.27), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for UUUU?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.27 mean?
On the −1 to +1 scale, -0.27 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/uuuu-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/uuuu-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: UUUU correlations · VXX correlations
