VXX vs. NFLX
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, while NFLX (Netflix, Inc.) is a stock. Over the past 10 years, VXX returned -46.65%/yr vs 23.11%/yr for NFLX. At a correlation of -0.35, they often move in opposite directions.
Performance
VXX vs. NFLX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VXX achieves a -19.27% return, which is significantly higher than NFLX's -26.76% return. Over the past 10 years, VXX has underperformed NFLX with an annualized return of -46.65%, while NFLX has yielded a comparatively higher 23.11% annualized return.
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
- 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 vs. NFLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
NFLX Netflix, Inc. | -26.76% | 5.19% | 83.07% | 65.11% | -51.05% | 11.41% | 67.11% | 20.89% | 39.44% | 55.06% |
Correlation
The correlation between VXX and NFLX 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 VXX and NFLX has weakened: their correlation has moved from -0.35 to -0.10, meaning they move in opposite directions less often than they have historically.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VXX vs. NFLX — Risk / Return Rank
VXX
NFLX
VXX vs. NFLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) and Netflix, Inc. (NFLX). 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.
| VXX | NFLX | 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 | 0.84 | 0.75 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.96 | -0.96 | -0.01 |
| Martin ratioReturn relative to average drawdown | -1.52 | -1.76 | +0.24 |
Loading charts...
Drawdowns
VXX vs. NFLX - Drawdown Comparison
The maximum VXX drawdown since its inception was -100.00%, which is greater than NFLX's maximum drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for VXX and NFLX.
Loading charts...
Drawdown Indicators
| VXX | NFLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -100.00% | -81.99% | -18.01% |
Max Drawdown (1Y)Largest decline over 1 year | -54.59% | -46.49% | -8.10% |
Max Drawdown (3Y)Largest decline over 3 years | -80.75% | -49.52% | -31.23% |
Max Drawdown (5Y)Largest decline over 5 years | -95.85% | -75.95% | -19.90% |
Max Drawdown (10Y)Largest decline over 10 years | -99.82% | -75.95% | -23.87% |
Current DrawdownCurrent decline from peak | -100.00% | -48.72% | -51.28% |
Average DrawdownAverage peak-to-trough decline | -95.10% | -24.99% | -70.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.50% | 25.22% | +9.28% |
Volatility
VXX vs. NFLX - Volatility Comparison
The current volatility for iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) is 12.47%, while Netflix, Inc. (NFLX) has a volatility of 13.47%. This indicates that VXX experiences smaller price fluctuations and is considered to be less risky than NFLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VXX | NFLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.47% | 13.47% | -1.00% |
Volatility (6M)Calculated over the trailing 6-month period | 44.07% | 27.87% | +16.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.60% | 34.77% | +21.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 67.53% | 43.48% | +24.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 70.33% | 41.38% | +28.95% |
Dividends
VXX vs. NFLX - Dividend Comparison
Neither VXX nor NFLX has paid dividends to shareholders.
Frequently Asked Questions
VXX and NFLX 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, VXX dropped -100.00% vs NFLX's -81.99%.
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.
Find the right allocation for VXX and NFLX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer