DYN vs VXX: Correlation
Dyne Therapeutics, Inc. (DYN) 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 -0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DYN and VXX?
On 3 years of weekly data the DYN/VXX correlation comes out at -0.42, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.14) than the 3-year average (-0.42). The 5-year figure is -0.33, and annualized covariance runs at -2020.7 %².
Among the 13 assets we track against DYN, VXX sits near the bottom by co-movement, at rank #12. Correlation aside, the last 12 months split them widely, with DYN ahead by 141.0 points (+91.3% versus -49.7%).
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.
DYN vs VXX: side by side
| DYN (Dyne Therapeutics, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +91.3% | -49.7% |
| 5-year return | +58.2% | -95.6% |
| Volatility (ann.) | 78.6% | 60.9% |
| Beta vs S&P 500 | 1.95 | -3.31 |
| Max drawdown (3Y) | -85.5% | -83.3% |
| Market cap | $4.9B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DYN | VXX |
|---|---|---|
| 2022 | -2.5% | -23.8% |
| 2023 | +14.8% | -72.5% |
| 2024 | +77.1% | -26.2% |
| 2025 | -17.0% | -42.2% |
| 2026 | +33.4% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DYN and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.42 means the two rarely move for the same reasons.
FAQ
What is the correlation between DYN and VXX?
Using weekly returns as of 2026-08-27: -0.42 over 3 years, with -0.14 over the last year and -0.33 over 5 years.
Is VXX a good diversifier for DYN?
By historical standards, yes. A correlation of -0.42 means the two rarely move for the same reasons.
What does a correlation of -0.42 mean?
A reading of -0.42 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/dyn-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dyn-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DYN correlations · VXX correlations
