NFLX vs. VXX
NFLX (Netflix, Inc.) is a stock, while VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) is Volatility fund tracking the S&P 500 VIX Short-Term Futures Index Total Return. Over the past 10 years, NFLX returned 23.11%/yr vs -46.65%/yr for VXX. At a correlation of -0.35, they often move in opposite directions.
Performance
NFLX vs. VXX - Performance Comparison
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Returns By Period
In the year-to-date period, NFLX achieves a -26.76% return, which is significantly lower than VXX's -19.27% return. Over the past 10 years, NFLX has outperformed VXX with an annualized return of 23.11%, while VXX has yielded a comparatively lower -46.65% annualized return.
NFLX
- 1D
- 1.58%
- 1M
- -11.26%
- 6M
- -21.30%
- YTD
- -26.76%
- 1Y
- -44.32%
- 3Y*
- 17.11%
- 5Y*
- 6.06%
- 10Y*
- 23.11%
- ALL TIME*
- 30.26%
VXX
- 1D
- -3.39%
- 1M
- -6.27%
- 6M
- -27.26%
- YTD
- -19.27%
- 1Y
- -52.36%
- 3Y*
- -39.14%
- 5Y*
- -46.50%
- 10Y*
- -46.65%
- ALL TIME*
- -51.48%
NFLX vs. VXX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NFLX Netflix, Inc. | -26.76% | 5.19% | 83.07% | 65.11% | -51.05% | 11.41% | 67.11% | 20.89% | 39.44% | 55.06% |
VXX iPath Series B S&P 500 VIX Short-Term Futures ETN | -19.27% | -42.21% | -26.22% | -72.52% | -23.80% | -72.41% | 11.04% | -67.75% | 67.91% | -72.64% |
Correlation
The correlation between NFLX and VXX is -0.10, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.38 |
Correlation (All Time) Calculated using the full available price history since Jan 30, 2009 | -0.35 |
Over the past year, the inverse relationship between NFLX and VXX has weakened: their correlation has moved from -0.35 to -0.10, meaning they move in opposite directions less often than they have historically.
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Return for Risk
NFLX vs. VXX — Risk / Return Rank
NFLX
VXX
NFLX vs. VXX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Netflix, Inc. (NFLX) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NFLX | VXX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.35 | ||
| Sortino ratioReturn per unit of downside risk | -0.52 | ||
| Omega ratioGain probability vs. loss probability | 0.75 | 0.84 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.96 | -0.96 | +0.01 |
| Martin ratioReturn relative to average drawdown | -1.76 | -1.52 | -0.24 |
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Drawdowns
NFLX vs. VXX - Drawdown Comparison
The maximum NFLX drawdown since its inception was -81.99%, smaller than the maximum VXX drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for NFLX and VXX.
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Drawdown Indicators
| NFLX | VXX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.99% | -100.00% | +18.01% |
Max Drawdown (1Y)Largest decline over 1 year | -46.49% | -54.59% | +8.10% |
Max Drawdown (3Y)Largest decline over 3 years | -49.52% | -80.75% | +31.23% |
Max Drawdown (5Y)Largest decline over 5 years | -75.95% | -95.85% | +19.90% |
Max Drawdown (10Y)Largest decline over 10 years | -75.95% | -99.82% | +23.87% |
Current DrawdownCurrent decline from peak | -48.72% | -100.00% | +51.28% |
Average DrawdownAverage peak-to-trough decline | -24.99% | -95.10% | +70.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.22% | 34.50% | -9.28% |
Volatility
NFLX vs. VXX - Volatility Comparison
Netflix, Inc. (NFLX) has a higher volatility of 13.47% compared to iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) at 12.47%. This indicates that NFLX's price experiences larger fluctuations and is considered to be riskier than VXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NFLX | VXX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.47% | 12.47% | +1.00% |
Volatility (6M)Calculated over the trailing 6-month period | 27.87% | 44.07% | -16.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.77% | 56.60% | -21.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.48% | 67.53% | -24.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.38% | 70.33% | -28.95% |
Dividends
NFLX vs. VXX - Dividend Comparison
Neither NFLX nor VXX has paid dividends to shareholders.
Frequently Asked Questions
NFLX and VXX have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NFLX has higher volatility (13.47%) compared to VXX (12.47%). In terms of maximum drawdown, NFLX dropped -81.99% vs VXX's -100.00%.
VXX currently has the higher Sharpe Ratio (-0.93 vs -1.28), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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