CYTK vs VXX: Correlation
Cytokinetics, Incorporated (CYTK) 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 -0.18.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CYTK and VXX?
Over the past 3 years, CYTK and VXX moved with a correlation of -0.18, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.05) runs above the 3-year figure (-0.18). Over 5 years the correlation is -0.17, and the annualized covariance of weekly returns is -809.5 %².
VXX is close to the least connected end of CYTK's tracked universe, ranking #11 of 13. The last year tells two different stories: CYTK led by 155.6 percentage points, +105.9% for CYTK 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.
CYTK vs VXX: side by side
| CYTK (Cytokinetics, Incorporated) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +105.9% | -49.7% |
| 5-year return | +138.5% | -95.6% |
| Volatility (ann.) | 73.4% | 60.9% |
| Beta vs S&P 500 | 0.92 | -3.31 |
| Max drawdown (3Y) | -72.4% | -83.3% |
| Market cap | $10.8B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CYTK | VXX |
|---|---|---|
| 2022 | +0.5% | -23.8% |
| 2023 | +82.2% | -72.5% |
| 2024 | -43.7% | -26.2% |
| 2025 | +35.1% | -42.2% |
| 2026 | +22.6% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CYTK and VXX good diversifiers for each other?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CYTK and VXX?
As of 2026-08-27, the correlation of weekly returns between CYTK and VXX is -0.18 over 3 years, -0.05 over 1 year and -0.17 over 5 years.
Is VXX a good diversifier for CYTK?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.18 mean?
On the −1 to +1 scale, -0.18 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/cytk-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cytk-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CYTK correlations · VXX correlations
