VPG vs VXX: Correlation
How closely do Vishay Precision Group, Inc. (VPG) 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 -0.31, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are VPG and VXX?
On 3 years of weekly data the VPG/VXX correlation comes out at -0.31, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.26 over 1 year against -0.31 over 3. The 5-year figure is -0.30, and annualized covariance runs at -1031.1 %².
VXX is close to the least connected end of VPG's tracked universe, ranking #13 of 13. Correlation aside, the last 12 months split them widely, with VPG ahead by 175.9 points (+126.2% versus -49.7%).
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.
VPG vs VXX: side by side
| VPG (Vishay Precision Group, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +126.2% | -49.7% |
| 5-year return | +76.6% | -95.6% |
| Volatility (ann.) | 54.8% | 60.9% |
| Beta vs S&P 500 | 1.32 | -3.31 |
| Max drawdown (3Y) | -58.5% | -83.3% |
| Market cap | $0.9B | – |
| P/E (trailing) | 213.6 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | VPG | VXX |
|---|---|---|
| 2022 | +4.1% | -23.8% |
| 2023 | -11.8% | -72.5% |
| 2024 | -31.1% | -26.2% |
| 2025 | +64.0% | -42.2% |
| 2026 | +72.0% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are VPG and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.31 means the two rarely move for the same reasons.
FAQ
What is the correlation between VPG and VXX?
The VPG/VXX correlation stands at -0.31 on a 3-year window (1 year: -0.26, 5 years: -0.30), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for VPG?
By historical standards, yes. A correlation of -0.31 means the two rarely move for the same reasons.
What does a correlation of -0.31 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/vpg-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/vpg-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: VPG correlations · VXX correlations
