AUNA vs VXZ: Correlation
Measured on weekly returns over the past three years, Auna SA Class A (AUNA) and iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUNA and VXZ?
Over the past 3 years, AUNA and VXZ moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.20) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -302.2 %².
Among the 16 assets we track against AUNA, VXZ sits near the bottom by co-movement, at rank #15. Their 12-month results are close: -18.8% for AUNA against -16.1% for VXZ. Risk is not evenly split, since AUNA carries 2.1 times the volatility of the other side.
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.
AUNA vs VXZ: side by side
| AUNA (Auna SA Class A) | VXZ (iPath Series B S&P 500 VIX Mid-Term Futures ETN) | |
|---|---|---|
| 1-year return | -18.8% | -16.1% |
| 5-year return | n/a | -53.1% |
| Volatility (ann.) | 53.1% | 25.6% |
| Beta vs S&P 500 | 0.73 | -1.31 |
| Max drawdown (3Y) | -61.1% | -36.4% |
| Market cap | $0.4B | – |
| P/E (trailing) | 85.2 | – |
| Dividend yield | 0.00% | – |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AUNA | VXZ |
|---|---|---|
| 2022 | – | +0.5% |
| 2023 | – | -44.0% |
| 2024 | – | -12.7% |
| 2025 | -28.3% | +5.7% |
| 2026 | +3.9% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUNA and VXZ good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between AUNA and VXZ?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.20 over the last year and n/a over 5 years.
Is VXZ a good diversifier for AUNA?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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/auna-vs-vxz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/auna-vs-vxz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AUNA correlations · VXZ correlations
