PairBook
HomeACIU › ACIU vs VXX

ACIU vs VXX: Correlation

Measured on weekly returns over the past three years, AC Immune SA (ACIU) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.29, a negative link.

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

Correlation (3Y)
-0.29
negative
Correlation (1Y)
-0.25
last 12 months
Correlation (5Y)
-0.26
long-run
Ann. covariance
-1207.9
%² · weekly, annualized

How correlated are ACIU and VXX?

Across a 3-year window, the weekly returns of ACIU and VXX correlate at -0.29, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.25 over 1 year against -0.29 over 3. Stretching to 5 years gives -0.26, with an annualized covariance of -1207.9 %².

Out of 11 assets tracked against ACIU, VXX lands near the bottom at #11. The last year tells two different stories: ACIU led by 80.6 percentage points, +30.9% for ACIU 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.

ACIU vs VXX: side by side

ACIU (AC Immune SA)VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN)
1-year return+30.9%-49.7%
5-year return-61.2%-95.6%
Volatility (ann.)69.0%60.9%
Beta vs S&P 5001.20-3.31
Max drawdown (3Y)-70.4%-83.3%
Market cap$0.3B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: ACIU -70.4% vs -83.3%Higher 5y return: ACIU -61.2% vs -95.6%
-49%0%+75%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. ACIU · VXX

Year-by-year returns

YearACIUVXX
2022-58.8%-23.8%
2023+145.1%-72.5%
2024-46.0%-26.2%
2025+16.3%-42.2%
2026-13.7%-31.6%

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

Are ACIU and VXX good diversifiers for each other?

Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between ACIU and VXX?

As of 2026-08-27, the correlation of weekly returns between ACIU and VXX is -0.29 over 3 years, -0.25 over 1 year and -0.26 over 5 years.

Is VXX a good diversifier for ACIU?

Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.29 mean?

On the −1 to +1 scale, -0.29 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/aciu-vs-vxx.json

ACIU vs VXX: 3-year weekly correlation -0.29ACIU vs VXX-0.29

Drop this badge in a README or notebook; it updates with the data:

[![ACIU vs VXX correlation](https://www.pairbook.io/api/v1/badge/aciu-vs-vxx.svg)](https://www.pairbook.io/pair/aciu-vs-vxx/)

Free with attribution; caching and terms are described in the API documentation.

Related comparisons

Hubs: ACIU correlations · VXX correlations