CYRX vs VXX: Correlation
Measured on weekly returns over the past three years, CryoPort, Inc. (CYRX) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.30, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CYRX and VXX?
Over the past 3 years, CYRX and VXX moved with a correlation of -0.30, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.29) sits close to the 3-year figure. Over 5 years the correlation is -0.30, and the annualized covariance of weekly returns is -1144.6 %².
VXX is close to the least connected end of CYRX's tracked universe, ranking #14 of 14. The last year tells two different stories: CYRX led by 138.6 percentage points, +88.9% for CYRX against -49.7% for VXX.
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.
CYRX vs VXX: side by side
| CYRX (CryoPort, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +88.9% | -49.7% |
| 5-year return | -73.7% | -95.6% |
| Volatility (ann.) | 62.3% | 60.9% |
| Beta vs S&P 500 | 1.44 | -3.31 |
| Max drawdown (3Y) | -75.0% | -83.3% |
| Market cap | $0.8B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CYRX | VXX |
|---|---|---|
| 2022 | -70.7% | -23.8% |
| 2023 | -10.7% | -72.5% |
| 2024 | -49.8% | -26.2% |
| 2025 | +23.4% | -42.2% |
| 2026 | +72.6% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CYRX and VXX good diversifiers for each other?
Yes. With a correlation of -0.30, CYRX and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CYRX and VXX?
As of 2026-08-27, the correlation of weekly returns between CYRX and VXX is -0.30 over 3 years, -0.29 over 1 year and -0.30 over 5 years.
Is VXX a good diversifier for CYRX?
Yes. With a correlation of -0.30, CYRX and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.30 mean?
On the −1 to +1 scale, -0.30 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/cyrx-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cyrx-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CYRX correlations · VXX correlations
