VXX vs WYY: Correlation
Measured on weekly returns over the past three years, iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) and WidePoint Corporation (WYY) carry a correlation of -0.29, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are VXX and WYY?
Over the past 3 years, VXX and WYY moved with a correlation of -0.29, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.20 lands near the 3-year figure. Over 5 years the correlation is -0.25, and the annualized covariance of weekly returns is -1437.4 %².
By 3-year correlation, WYY places #882 of the 2872 assets tracked against VXX. Their recent paths diverged sharply: over the last 12 months WYY outperformed by 166.8 percentage points (-49.7% for VXX against +117.1% for WYY).
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 WYY: side by side
| VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | WYY (WidePoint Corporation) | |
|---|---|---|
| 1-year return | -49.7% | +117.1% |
| 5-year return | -95.6% | +85.8% |
| Volatility (ann.) | 60.9% | 81.3% |
| Beta vs S&P 500 | -3.31 | 1.48 |
| Max drawdown (3Y) | -83.3% | -57.0% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | VXX | WYY |
|---|---|---|
| 2022 | -23.8% | -53.7% |
| 2023 | -72.5% | +27.5% |
| 2024 | -26.2% | +108.6% |
| 2025 | -42.2% | +11.0% |
| 2026 | -31.6% | +89.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are VXX and WYY good diversifiers for each other?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
FAQ
What is the correlation between VXX and WYY?
The VXX/WYY correlation stands at -0.29 on a 3-year window (1 year: -0.20, 5 years: -0.25), computed from weekly returns as of 2026-08-27.
Is WYY a good diversifier for VXX?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
What does a correlation of -0.29 mean?
On the −1 to +1 scale, -0.29 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/vxx-vs-wyy.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/vxx-vs-wyy/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: VXX correlations · WYY correlations
