ABOS vs VXZ: Correlation
Acumen Pharmaceuticals, Inc. (ABOS) and iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) show a negative relationship: their 3-year correlation of weekly returns is -0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABOS and VXZ?
Over the past 3 years, ABOS and VXZ moved with a correlation of -0.30, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.18 versus -0.30 over 3 years. Over 5 years the correlation is -0.17, and the annualized covariance of weekly returns is -625.5 %².
VXZ is close to the least connected end of ABOS's tracked universe, ranking #17 of 19. The last year tells two different stories: ABOS led by 134.1 percentage points, +118.0% for ABOS against -16.1% for VXZ. Risk is not evenly split, since ABOS carries 3.2 times the volatility of the other side.
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 VXZ: side by side
| ABOS (Acumen Pharmaceuticals, Inc.) | VXZ (iPath Series B S&P 500 VIX Mid-Term Futures ETN) | |
|---|---|---|
| 1-year return | +118.0% | -16.1% |
| 5-year return | -83.9% | -53.1% |
| Volatility (ann.) | 82.5% | 25.6% |
| Beta vs S&P 500 | 2.30 | -1.31 |
| Max drawdown (3Y) | -85.8% | -36.4% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | – |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABOS | VXZ |
|---|---|---|
| 2022 | -20.1% | +0.5% |
| 2023 | -28.9% | -44.0% |
| 2024 | -55.2% | -12.7% |
| 2025 | +22.7% | +5.7% |
| 2026 | +43.6% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABOS and VXZ good diversifiers for each other?
By historical standards, yes. A correlation of -0.30 means the two rarely move for the same reasons.
FAQ
What is the correlation between ABOS and VXZ?
Using weekly returns as of 2026-08-27: -0.30 over 3 years, with -0.18 over the last year and -0.17 over 5 years.
Is VXZ a good diversifier for ABOS?
By historical standards, yes. A correlation of -0.30 means the two rarely move for the same reasons.
What does a correlation of -0.30 mean?
A reading of -0.30 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/abos-vs-vxz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/abos-vs-vxz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ABOS correlations · VXZ correlations
