CBUS vs VXX: Correlation
How closely do Cibus, Inc. (CBUS) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) trade together? Their weekly returns over three years give a correlation of -0.34, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CBUS and VXX?
Across a 3-year window, the weekly returns of CBUS and VXX correlate at -0.34, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.25 over 1 year against -0.34 over 3. Stretching to 5 years gives -0.22, with an annualized covariance of -2158.7 %².
Among the 9 assets we track against CBUS, VXX sits near the bottom by co-movement, at rank #9. Their recent paths diverged sharply: over the last 12 months CBUS outperformed by 76.2 percentage points (+26.5% for CBUS against -49.7% for VXX). Note the risk asymmetry: CBUS runs 1.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
CBUS vs VXX: side by side
| CBUS (Cibus, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +26.5% | -49.7% |
| 5-year return | -99.2% | -95.6% |
| Volatility (ann.) | 105.1% | 60.9% |
| Beta vs S&P 500 | 2.76 | -3.31 |
| Max drawdown (3Y) | -94.9% | -83.3% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CBUS | VXX |
|---|---|---|
| 2022 | -93.1% | -23.8% |
| 2023 | +165.4% | -72.5% |
| 2024 | -85.8% | -26.2% |
| 2025 | -37.4% | -42.2% |
| 2026 | -4.0% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CBUS and VXX good diversifiers for each other?
Yes. With a correlation of -0.34, CBUS and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CBUS and VXX?
Using weekly returns as of 2026-08-27: -0.34 over 3 years, with -0.25 over the last year and -0.22 over 5 years.
Is VXX a good diversifier for CBUS?
Yes. With a correlation of -0.34, CBUS and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.34 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/cbus-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cbus-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CBUS correlations · VXX correlations
