Which stocks are most correlated with VXZ?

Based on one year of daily returns, the stocks most correlated with iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) are VIXM (0.96), VIXY (0.90) and UVXY (0.90). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.

Which stocks are inversely correlated with VXZ?

Over the past year, the stocks most inversely correlated with iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) are SVIX (-0.89), SVXY (-0.89) and VYLD (-0.88). A negative correlation means the two stocks have tended to move in opposite directions.

iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) — Stock Correlations & Overview

Over the past year, VXZ has moved most closely with VIXM, VIXY, UVXY. Explore the stocks most correlated and inversely correlated with VXZ below, along with its price, financials, and company profile.

Stocks correlated with VXZ

Correlation of daily returns. Higher positive values move with VXZ; negative values move opposite it. Informational only, not investment advice.

Most correlated with VXZ

Symbol	Company	Correlation
VIXM	ProShares VIX Mid-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS	0.96
VIXY	ProShares VIX Short-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS	0.90
UVXY	ProShares Ultra VIX Short-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS	0.90
UVIX	2x Long VIX Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS	0.90
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	0.90

Most inversely correlated with VXZ

Symbol	Company	Correlation
SVIX	-1x Short VIX Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS	-0.89
SVXY	ProShares Short VIX Short-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS	-0.89
VYLD	Inverse VIX Short-Term Futures ETNs due March 22, 2045NATIONAL COMMERCIAL BANKS	-0.88
XAUG	FT Vest U.S. Equity Enhance & Moderate Buffer ETF - August	-0.79
XSEP	FT Vest U.S. Equity Enhance & Moderate Buffer ETF - September	-0.79

Frequently asked questions about VXZ correlations

Which stocks are most correlated with VXZ?: Based on one year of daily returns, the stocks most correlated with iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) are VIXM (0.96), VIXY (0.90) and UVXY (0.90). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
Which stocks are inversely correlated with VXZ?: Over the past year, the stocks most inversely correlated with iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) are SVIX (-0.89), SVXY (-0.89) and VYLD (-0.88). A negative correlation means the two stocks have tended to move in opposite directions.
What does a correlation of 0.8 mean for a stock?: Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
How are these VXZ correlations calculated?: We compute the correlation of daily returns between VXZ and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.

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