VMRK vs VXZ: Correlation
How closely do Vivmark Residential (VMRK) and iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) trade together? Their weekly returns over three years give a correlation of -0.45, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are VMRK and VXZ?
Across a 3-year window, the weekly returns of VMRK and VXZ correlate at -0.45, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.31 versus -0.45 over 3 years. Stretching to 5 years gives -0.47, with an annualized covariance of -229.3 %².
VXZ is close to the least connected end of VMRK's tracked universe, ranking #32 of 32. Correlation aside, the last 12 months split them widely, with VMRK ahead by 21.2 points (+5.1% versus -16.1%).
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.
VMRK vs VXZ: side by side
| VMRK (Vivmark Residential) | VXZ (iPath Series B S&P 500 VIX Mid-Term Futures ETN) | |
|---|---|---|
| 1-year return | +5.1% | -16.1% |
| 5-year return | -5.5% | -53.1% |
| Volatility (ann.) | 19.7% | 25.6% |
| Beta vs S&P 500 | 0.57 | -1.31 |
| Max drawdown (3Y) | -21.2% | -36.4% |
| Market cap | $26.1B | – |
| P/E (trailing) | 25.7 | – |
| Dividend yield | 0.00% | – |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | VMRK | VXZ |
|---|---|---|
| 2022 | -32.5% | +0.5% |
| 2023 | +8.3% | -44.0% |
| 2024 | +20.8% | -12.7% |
| 2025 | -8.6% | +5.7% |
| 2026 | +7.4% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are VMRK and VXZ good diversifiers for each other?
Yes: at -0.45, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between VMRK and VXZ?
As of 2026-08-27, the correlation of weekly returns between VMRK and VXZ is -0.45 over 3 years, -0.31 over 1 year and -0.47 over 5 years.
Is VXZ a good diversifier for VMRK?
Yes: at -0.45, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.45 mean?
On the −1 to +1 scale, -0.45 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/vmrk-vs-vxz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/vmrk-vs-vxz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: VMRK correlations · VXZ correlations
