# VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN)

iPath · Alternatives ETFs · data as of Oct 9, 2026

In the S&P 500’s down weeks over the year to Oct 9, 2026, VXX rose 2.89% a week on average.

## Key facts

- VXX, correlation with the S&P 500: −0.72, as of Oct 9, 2026.
- VXX, beta to the S&P 500: −2.60, as of Oct 9, 2026.
- VXX, down-week capture: −244.7%, as of Oct 9, 2026.
- VXX, against T-bills, 52 weeks: −58.3 pts, as of Oct 9, 2026.
- VXX, net assets: an exchange traded note holds no assets; it is the issuing bank’s unsecured debt, as of Oct 9, 2026.
- VXX, strategy: Volatility (ETFIQ, from its prospectus).

## VXX over each window to Oct 9, 2026

| Window | The fund | S&P 500 | Difference, percentage points |
| --- | --- | --- | --- |
| 3 months | −19.6% | +3.4% | −23.0 pts |
| 6 months | −44.8% | +15.2% | −59.9 pts |
| 1 year | −48.9% | +17.3% | −66.1 pts |
| 3 years | −81.2% | +85.8% | −166.9 pts |
| Since launch | −100.0% | +1,193.0% | −1,293.0 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Issuer | iPath | ETFIQ |
| Strategy | Volatility | ETFIQ, from its prospectus |
| Expense ratio | not read by ETFIQ | ETFIQ |
| Net assets | an exchange traded note holds no assets; it is the issuing bank’s unsecured debt | ETFIQ |
| Issued by | Barclays Bank PLC | ETFIQ |
| Structure | exchange traded note | ETFIQ |
| Index its own filing names | S&P 500 VIX Short-Term Futures Index TR | ETFIQ |
| Volatility group | Long VIX futures | ETFIQ |
| Daily multiple it seeks | +1x | ETFIQ |
| VXX against its index rebuilt by ETFIQ from Cboe VIX futures settlements, 1 month | −4.2% against −4.4% at +1x, a difference of +0.3 pts, Sep 8, 2026 to Oct 8, 2026 | ETFIQ |
| VXX against spot VIX, 1 month | −4.2% against −2.0% for the VIX index (15.72 to 15.41), Sep 8, 2026 to Oct 8, 2026 | ETFIQ |
| VXX against its index rebuilt by ETFIQ from Cboe VIX futures settlements, 3 months | −20.1% against −20.1% at +1x, a difference of 0.0 pts, Jul 9, 2026 to Oct 8, 2026 | ETFIQ |
| VXX against spot VIX, 3 months | −20.1% against −2.7% for the VIX index (15.84 to 15.41), Jul 9, 2026 to Oct 8, 2026 | ETFIQ |
| VXX against its index rebuilt by ETFIQ from Cboe VIX futures settlements, 1 year | −48.1% against −47.6% at +1x, a difference of −0.5 pts, Oct 8, 2025 to Oct 8, 2026 | ETFIQ |
| VXX against spot VIX, 1 year | −48.1% against −5.5% for the VIX index (16.30 to 15.41), Oct 8, 2025 to Oct 8, 2026 | ETFIQ |
| Roll of the short-term VIX futures, 1 month | −4.5%: the index rebuilt by ETFIQ from Cboe VIX futures settlements returned −4.7% while the constant-maturity futures price moved −0.3%, Sep 8, 2026 to Oct 8, 2026; in contango on 22 of 22 days | ETFIQ |
| Roll of the short-term VIX futures, 3 months | −19.4%: the index rebuilt by ETFIQ from Cboe VIX futures settlements returned −20.9% while the constant-maturity futures price moved −1.9%, Jul 9, 2026 to Oct 8, 2026; in contango on 64 of 64 days | ETFIQ |
| Roll of the short-term VIX futures, 1 year | −47.4%: the index rebuilt by ETFIQ from Cboe VIX futures settlements returned −49.6% while the constant-maturity futures price moved −4.1%, Oct 8, 2025 to Oct 8, 2026; in contango on 220 of 251 days | ETFIQ |
| Front two VIX futures on Oct 8, 2026 | 17.62 and 18.01, a contango of 2.2% | ETFIQ |
| Weeks measured | 52, from Oct 10, 2025 to Oct 9, 2026 | ETFIQ |
| Weeks the S&P 500 fell | 21 | ETFIQ |
| The S&P 500 in those weeks, on average | −1.18% | ETFIQ |
| VXX in those weeks, on average | +2.89% | ETFIQ |
| VXX total return over those weeks | −54.7% | ETFIQ |
| T-bills | +3.7% | ETFIQ |
| First traded | Jan 30, 2009 | ETFIQ |
| Days traded | 90 | ETFIQ |
| Quoted | on an exchange, every trading day | ETFIQ |

## Questions

### Does VXX move with the S&P 500?

Over the year to Oct 9, 2026, VXX’s weekly returns had a correlation of −0.72 with the S&P 500’s, on a scale where 1 moves in step, 0 shows no pattern and −1 moves opposite. Its beta was −2.60, so for each 1% the index moved it moved about 2.60% the other way.

### What did VXX do when stocks fell?

The S&P 500 fell in 21 of the 52 weeks to Oct 9, 2026, by 1.18% on average. In those weeks VXX rose 2.89% on average, a down-week capture of −244.7%.

### Did VXX earn more than cash?

Over the same 52 weeks VXX returned −54.7% with distributions reinvested, and BIL, a fund of Treasury bills, returned +3.7%. VXX finished 58.3 percentage points behind it.

### Why is VXX listed as volatility?

ETFIQ files each fund by what its own prospectus says it does, and VXX’s describes a volatility fund.

### How closely did VXX track its VIX futures index?

Over the year from Oct 8, 2025 to Oct 8, 2026, VXX returned −48.1%. The S&P 500 VIX Short-Term Futures Index TR, rebuilt by ETFIQ from Cboe VIX futures settlements and taken at +1x each day, returned −47.6%, a difference of −0.5 pts. Spot VIX moved −5.5%.

### What did rolling the VIX futures cost over the last year?

Holding the short-term VIX futures returned −49.6% from Oct 8, 2025 to Oct 8, 2026, while the constant-maturity futures price moved −4.1%. The difference, −47.4%, is the roll: what selling the expiring month and buying the next cost. A fund short these futures collects it instead.


## Cite this page

ETFIQ, VXX, alternatives ETFs, data as of Oct 9, 2026. https://etfiq.com/funds/vxx
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at https://etfiq.com/data/.

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