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ACET vs VXX: Correlation

Measured on weekly returns over the past three years, Adicet Bio, Inc. (ACET) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.33, a negative link.

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

Correlation (3Y)
-0.33
negative
Correlation (1Y)
-0.24
last 12 months
Correlation (5Y)
-0.26
long-run
Ann. covariance
-1617.6
%² · weekly, annualized

How correlated are ACET and VXX?

Across a 3-year window, the weekly returns of ACET and VXX correlate at -0.33, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.24 lands near the 3-year figure. Stretching to 5 years gives -0.26, with an annualized covariance of -1617.6 %².

Out of 15 assets tracked against ACET, VXX lands near the bottom at #14. Correlation aside, the last 12 months split them widely, with ACET ahead by 24.2 points (-25.5% versus -49.7%).

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.

ACET vs VXX: side by side

ACET (Adicet Bio, Inc.)VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN)
1-year return-25.5%-49.7%
5-year return-93.0%-95.6%
Volatility (ann.)80.6%60.9%
Beta vs S&P 5001.88-3.31
Max drawdown (3Y)-88.9%-83.3%
Market cap$0.1B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: VXX -83.3% vs -88.9%Higher 5y return: ACET -93.0% vs -95.6%
-49%0%+38%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. ACET · VXX

Year-by-year returns

YearACETVXX
2022-48.9%-23.8%
2023-78.9%-72.5%
2024-49.1%-26.2%
2025-45.3%-42.2%
2026+7.0%-31.6%

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

Are ACET and VXX good diversifiers for each other?

Yes: at -0.33, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between ACET and VXX?

Using weekly returns as of 2026-08-27: -0.33 over 3 years, with -0.24 over the last year and -0.26 over 5 years.

Is VXX a good diversifier for ACET?

Yes: at -0.33, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.33 mean?

A reading of -0.33 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

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

ACET vs VXX: 3-year weekly correlation -0.33ACET vs VXX-0.33

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Related comparisons

Hubs: ACET correlations · VXX correlations