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ABOS vs VXX: Correlation

Measured on weekly returns over the past three years, Acumen Pharmaceuticals, Inc. (ABOS) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.32, a negative link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.32
negative
Correlation (1Y)
-0.15
last 12 months
Correlation (5Y)
-0.19
long-run
Ann. covariance
-1610.7
%² · weekly, annualized

How correlated are ABOS and VXX?

Across a 3-year window, the weekly returns of ABOS and VXX correlate at -0.32, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.15) runs above the 3-year figure (-0.32). Stretching to 5 years gives -0.19, with an annualized covariance of -1610.7 %².

Among the 19 assets we track against ABOS, VXX sits near the bottom by co-movement, at rank #18. Their recent paths diverged sharply: over the last 12 months ABOS outperformed by 167.7 percentage points (+118.0% for ABOS against -49.7% for VXX).

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.

ABOS vs VXX: side by side

ABOS (Acumen Pharmaceuticals, Inc.)VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN)
1-year return+118.0%-49.7%
5-year return-83.9%-95.6%
Volatility (ann.)82.5%60.9%
Beta vs S&P 5002.30-3.31
Max drawdown (3Y)-85.8%-83.3%
Market cap$0.2B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: VXX -83.3% vs -85.8%Higher 5y return: ABOS -83.9% vs -95.6%
-49%0%+130%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. ABOS · VXX

Year-by-year returns

YearABOSVXX
2022-20.1%-23.8%
2023-28.9%-72.5%
2024-55.2%-26.2%
2025+22.7%-42.2%
2026+43.6%-31.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ABOS and VXX good diversifiers for each other?

Yes: at -0.32, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between ABOS and VXX?

Using weekly returns as of 2026-08-27: -0.32 over 3 years, with -0.15 over the last year and -0.19 over 5 years.

Is VXX a good diversifier for ABOS?

Yes: at -0.32, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.32 mean?

On the −1 to +1 scale, -0.32 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/abos-vs-vxx.json

ABOS vs VXX: 3-year weekly correlation -0.32ABOS vs VXX-0.32

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Related comparisons

Hubs: ABOS correlations · VXX correlations