EPRX vs VXX: Correlation
How closely do Eupraxia Pharmaceuticals Inc. (EPRX) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) trade together? Their weekly returns over three years give a correlation of -0.29, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EPRX and VXX?
Over the past 3 years, EPRX and VXX moved with a correlation of -0.29, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.21 over 1 year against -0.29 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -920.1 %².
VXX is close to the least connected end of EPRX's tracked universe, ranking #13 of 13. Their recent paths diverged sharply: over the last 12 months EPRX outperformed by 89.1 percentage points (+39.4% for EPRX 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.
EPRX vs VXX: side by side
| EPRX (Eupraxia Pharmaceuticals Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +39.4% | -49.7% |
| 5-year return | n/a | -95.6% |
| Volatility (ann.) | 49.2% | 60.9% |
| Beta vs S&P 500 | 1.06 | -3.31 |
| Max drawdown (3Y) | -35.9% | -83.3% |
| Market cap | $0.5B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EPRX | VXX |
|---|---|---|
| 2022 | – | -23.8% |
| 2023 | – | -72.5% |
| 2024 | – | -26.2% |
| 2025 | +138.2% | -42.2% |
| 2026 | -2.5% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EPRX and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
FAQ
What is the correlation between EPRX and VXX?
Using weekly returns as of 2026-08-27: -0.29 over 3 years, with -0.21 over the last year and n/a over 5 years.
Is VXX a good diversifier for EPRX?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
What does a correlation of -0.29 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/eprx-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/eprx-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: EPRX correlations · VXX correlations
