ACHV vs VXX: Correlation
Measured on weekly returns over the past three years, Achieve Life Sciences, Inc. (ACHV) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.34, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACHV and VXX?
Over the past 3 years, ACHV and VXX moved with a correlation of -0.34, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.44 over 1 year against -0.34 over 3. Over 5 years the correlation is -0.34, and the annualized covariance of weekly returns is -1670.3 %².
Out of 13 assets tracked against ACHV, VXX lands near the bottom at #13. The last year tells two different stories: ACHV led by 224.2 percentage points, +174.5% for ACHV 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.
ACHV vs VXX: side by side
| ACHV (Achieve Life Sciences, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +174.5% | -49.7% |
| 5-year return | +3.2% | -95.6% |
| Volatility (ann.) | 81.5% | 60.9% |
| Beta vs S&P 500 | 2.08 | -3.31 |
| Max drawdown (3Y) | -66.2% | -83.3% |
| Market cap | $0.8B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACHV | VXX |
|---|---|---|
| 2022 | -68.5% | -23.8% |
| 2023 | +68.2% | -72.5% |
| 2024 | -14.6% | -26.2% |
| 2025 | +41.2% | -42.2% |
| 2026 | +64.6% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACHV and VXX good diversifiers for each other?
Yes. With a correlation of -0.34, ACHV and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ACHV and VXX?
As of 2026-08-27, the correlation of weekly returns between ACHV and VXX is -0.34 over 3 years, -0.44 over 1 year and -0.34 over 5 years.
Is VXX a good diversifier for ACHV?
Yes. With a correlation of -0.34, ACHV and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.34 mean?
On the −1 to +1 scale, -0.34 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
$ curl https://www.pairbook.io/api/v1/pairs/achv-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/achv-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ACHV correlations · VXX correlations
