CBUS vs VXZ: Correlation
Cibus, Inc. (CBUS) and iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) show a negative relationship: their 3-year correlation of weekly returns is -0.31.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CBUS and VXZ?
On 3 years of weekly data the CBUS/VXZ correlation comes out at -0.31, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.10) than the 3-year average (-0.31). The 5-year figure is -0.24, and annualized covariance runs at -825.6 %².
Out of 9 assets tracked against CBUS, VXZ lands near the bottom at #8. The last year tells two different stories: CBUS led by 42.6 percentage points, +26.5% for CBUS against -16.1% for VXZ. One caveat on sizing: CBUS is 4.1 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 VXZ: side by side
| CBUS (Cibus, Inc.) | VXZ (iPath Series B S&P 500 VIX Mid-Term Futures ETN) | |
|---|---|---|
| 1-year return | +26.5% | -16.1% |
| 5-year return | -99.2% | -53.1% |
| Volatility (ann.) | 105.1% | 25.6% |
| Beta vs S&P 500 | 2.76 | -1.31 |
| Max drawdown (3Y) | -94.9% | -36.4% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | – |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CBUS | VXZ |
|---|---|---|
| 2022 | -93.1% | +0.5% |
| 2023 | +165.4% | -44.0% |
| 2024 | -85.8% | -12.7% |
| 2025 | -37.4% | +5.7% |
| 2026 | -4.0% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CBUS and VXZ good diversifiers for each other?
By historical standards, yes. A correlation of -0.31 means the two rarely move for the same reasons.
FAQ
What is the correlation between CBUS and VXZ?
As of 2026-08-27, the correlation of weekly returns between CBUS and VXZ is -0.31 over 3 years, -0.10 over 1 year and -0.24 over 5 years.
Is VXZ a good diversifier for CBUS?
By historical standards, yes. A correlation of -0.31 means the two rarely move for the same reasons.
What does a correlation of -0.31 mean?
A reading of -0.31 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/cbus-vs-vxz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cbus-vs-vxz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CBUS correlations · VXZ correlations
