ATAI vs VXX: Correlation
Measured on weekly returns over the past three years, AtaiBeckley Inc. (ATAI) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.24, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ATAI and VXX?
Over the past 3 years, ATAI and VXX moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.06) than the 3-year average (-0.24). Over 5 years the correlation is -0.25, and the annualized covariance of weekly returns is -1221.9 %².
Out of 10 assets tracked against ATAI, VXX lands near the bottom at #9. Their recent paths diverged sharply: over the last 12 months ATAI outperformed by 110.5 percentage points (+60.8% for ATAI 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.
ATAI vs VXX: side by side
| ATAI (AtaiBeckley Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +60.8% | -49.7% |
| 5-year return | -53.9% | -95.6% |
| Volatility (ann.) | 85.3% | 60.9% |
| Beta vs S&P 500 | 1.22 | -3.31 |
| Max drawdown (3Y) | -59.2% | -83.3% |
| Market cap | $2.7B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ATAI | VXX |
|---|---|---|
| 2022 | -65.1% | -23.8% |
| 2023 | -47.0% | -72.5% |
| 2024 | -5.7% | -26.2% |
| 2025 | +207.5% | -42.2% |
| 2026 | +79.7% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATAI and VXX good diversifiers for each other?
Yes. With a correlation of -0.24, ATAI and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ATAI and VXX?
Using weekly returns as of 2026-08-27: -0.24 over 3 years, with -0.06 over the last year and -0.25 over 5 years.
Is VXX a good diversifier for ATAI?
Yes. With a correlation of -0.24, ATAI and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.24 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/atai-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/atai-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ATAI correlations · VXX correlations
