BEAM vs VXX: Correlation
Measured on weekly returns over the past three years, Beam Therapeutics Inc. (BEAM) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.44, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BEAM and VXX?
Over the past 3 years, BEAM and VXX moved with a correlation of -0.44, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.44 over 1 year against -0.44 over 3. Over 5 years the correlation is -0.41, and the annualized covariance of weekly returns is -1960.2 %².
Among the 20 assets we track against BEAM, VXX sits near the bottom by co-movement, at rank #20. Correlation aside, the last 12 months split them widely, with BEAM ahead by 130.5 points (+80.8% versus -49.7%).
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.
BEAM vs VXX: side by side
| BEAM (Beam Therapeutics Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +80.8% | -49.7% |
| 5-year return | -71.5% | -95.6% |
| Volatility (ann.) | 72.6% | 60.9% |
| Beta vs S&P 500 | 2.39 | -3.31 |
| Max drawdown (3Y) | -67.7% | -83.3% |
| Market cap | $3.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BEAM | VXX |
|---|---|---|
| 2022 | -50.9% | -23.8% |
| 2023 | -30.4% | -72.5% |
| 2024 | -8.9% | -26.2% |
| 2025 | +11.8% | -42.2% |
| 2026 | +10.0% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BEAM and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.44 means the two rarely move for the same reasons.
FAQ
What is the correlation between BEAM and VXX?
The BEAM/VXX correlation stands at -0.44 on a 3-year window (1 year: -0.44, 5 years: -0.41), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for BEAM?
By historical standards, yes. A correlation of -0.44 means the two rarely move for the same reasons.
What does a correlation of -0.44 mean?
A reading of -0.44 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/beam-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/beam-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BEAM correlations · VXX correlations
