VXX vs WRLD: Correlation
iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) and World Acceptance Corporation (WRLD) show a negative relationship: their 3-year correlation of weekly returns is -0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are VXX and WRLD?
On 3 years of weekly data the VXX/WRLD correlation comes out at -0.39, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.00) than the 3-year average (-0.39). The 5-year figure is -0.31, and annualized covariance runs at -1002.1 %².
Among the 2872 assets we track against VXX, WRLD ranks #1877 by 3-year correlation. The last year tells two different stories: WRLD led by 60.0 percentage points, -49.7% for VXX against +10.3% for WRLD.
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.
VXX vs WRLD: side by side
| VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | WRLD (World Acceptance Corporation) | |
|---|---|---|
| 1-year return | -49.7% | +10.3% |
| 5-year return | -95.6% | +0.7% |
| Volatility (ann.) | 60.9% | 42.1% |
| Beta vs S&P 500 | -3.31 | 1.17 |
| Max drawdown (3Y) | -83.3% | -37.3% |
| Market cap | – | $0.9B |
| P/E (trailing) | – | 24.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | VXX | WRLD |
|---|---|---|
| 2022 | -23.8% | -73.1% |
| 2023 | -72.5% | +98.0% |
| 2024 | -26.2% | -13.9% |
| 2025 | -42.2% | +24.9% |
| 2026 | -31.6% | +35.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are VXX and WRLD 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 VXX and WRLD?
The VXX/WRLD correlation stands at -0.39 on a 3-year window (1 year: -0.00, 5 years: -0.31), computed from weekly returns as of 2026-08-27.
Is WRLD a good diversifier for VXX?
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?
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/vxx-vs-wrld.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/vxx-vs-wrld/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: VXX correlations · WRLD correlations
