ATOS vs VXX: Correlation
Measured on weekly returns over the past three years, Atossa Therapeutics, Inc. (ATOS) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.32, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ATOS and VXX?
Across a 3-year window, the weekly returns of ATOS and VXX correlate at -0.32, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.10) than the 3-year average (-0.32). Stretching to 5 years gives -0.29, with an annualized covariance of -1446.4 %².
Out of 14 assets tracked against ATOS, VXX lands near the bottom at #12. The last year tells two different stories: VXX led by 27.1 percentage points, -76.8% for ATOS 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.
ATOS vs VXX: side by side
| ATOS (Atossa Therapeutics, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -76.8% | -49.7% |
| 5-year return | -95.0% | -95.6% |
| Volatility (ann.) | 73.3% | 60.9% |
| Beta vs S&P 500 | 1.97 | -3.31 |
| Max drawdown (3Y) | -94.4% | -83.3% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ATOS | VXX |
|---|---|---|
| 2022 | -66.9% | -23.8% |
| 2023 | +66.0% | -72.5% |
| 2024 | +6.8% | -26.2% |
| 2025 | -37.2% | -42.2% |
| 2026 | -70.2% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATOS and VXX good diversifiers for each other?
Yes: at -0.32, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ATOS and VXX?
As of 2026-08-27, the correlation of weekly returns between ATOS and VXX is -0.32 over 3 years, -0.10 over 1 year and -0.29 over 5 years.
Is VXX a good diversifier for ATOS?
Yes: at -0.32, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.32 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/atos-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/atos-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ATOS correlations · VXX correlations
