CYN vs VXX: Correlation
Cyngn Inc. (CYN) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) show a negative relationship: their 3-year correlation of weekly returns is -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CYN and VXX?
On 3 years of weekly data the CYN/VXX correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.36) runs below the 3-year figure (-0.25). The 5-year figure is -0.19, and annualized covariance runs at -3581.4 %².
Among the 19 assets we track against CYN, VXX sits near the bottom by co-movement, at rank #16. Correlation aside, the last 12 months split them widely, with VXX ahead by 32.0 points (-81.7% versus -49.7%). One caveat on sizing: CYN is 3.8 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.
CYN vs VXX: side by side
| CYN (Cyngn Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -81.7% | -49.7% |
| 5-year return | -100.0% | -95.6% |
| Volatility (ann.) | 234.2% | 60.9% |
| Beta vs S&P 500 | 4.31 | -3.31 |
| Max drawdown (3Y) | -100.0% | -83.3% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CYN | VXX |
|---|---|---|
| 2022 | -85.0% | -23.8% |
| 2023 | -78.5% | -72.5% |
| 2024 | -94.1% | -26.2% |
| 2025 | -98.1% | -42.2% |
| 2026 | -53.8% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CYN and VXX good diversifiers for each other?
Yes. With a correlation of -0.25, CYN and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CYN and VXX?
The CYN/VXX correlation stands at -0.25 on a 3-year window (1 year: -0.36, 5 years: -0.19), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for CYN?
Yes. With a correlation of -0.25, CYN and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.25 mean?
A reading of -0.25 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/cyn-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cyn-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CYN correlations · VXX correlations
