VICR vs VXZ: Correlation
Measured on weekly returns over the past three years, Vicor Corporation (VICR) and iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) carry a correlation of -0.26, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are VICR and VXZ?
Over the past 3 years, VICR and VXZ moved with a correlation of -0.26, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.35 lands near the 3-year figure. Over 5 years the correlation is -0.28, and the annualized covariance of weekly returns is -474.6 %².
Among the 14 assets we track against VICR, VXZ sits near the bottom by co-movement, at rank #12. Their recent paths diverged sharply: over the last 12 months VICR outperformed by 312.9 percentage points (+296.8% for VICR against -16.1% for VXZ). Risk is not evenly split, since VICR carries 2.8 times the volatility of the other side.
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.
VICR vs VXZ: side by side
| VICR (Vicor Corporation) | VXZ (iPath Series B S&P 500 VIX Mid-Term Futures ETN) | |
|---|---|---|
| 1-year return | +296.8% | -16.1% |
| 5-year return | +65.8% | -53.1% |
| Volatility (ann.) | 71.1% | 25.6% |
| Beta vs S&P 500 | 2.00 | -1.31 |
| Max drawdown (3Y) | -53.9% | -36.4% |
| Market cap | $9.4B | – |
| P/E (trailing) | 65.3 | – |
| Dividend yield | 0.00% | – |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | VICR | VXZ |
|---|---|---|
| 2022 | -57.7% | +0.5% |
| 2023 | -16.4% | -44.0% |
| 2024 | +7.5% | -12.7% |
| 2025 | +126.8% | +5.7% |
| 2026 | +85.8% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are VICR and VXZ good diversifiers for each other?
Yes. With a correlation of -0.26, VICR and VXZ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between VICR and VXZ?
The VICR/VXZ correlation stands at -0.26 on a 3-year window (1 year: -0.35, 5 years: -0.28), computed from weekly returns as of 2026-08-27.
Is VXZ a good diversifier for VICR?
Yes. With a correlation of -0.26, VICR and VXZ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.26 mean?
A reading of -0.26 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/vicr-vs-vxz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/vicr-vs-vxz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: VICR correlations · VXZ correlations
