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GERN vs VXX: Correlation

How closely do Geron Corporation (GERN) 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 -0.31, which is negative.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.31
negative
Correlation (1Y)
-0.37
last 12 months
Correlation (5Y)
-0.28
long-run
Ann. covariance
-1189.7
%² · weekly, annualized

How correlated are GERN and VXX?

Across a 3-year window, the weekly returns of GERN and VXX correlate at -0.31, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.37) sits close to the 3-year figure. Stretching to 5 years gives -0.28, with an annualized covariance of -1189.7 %².

Among the 11 assets we track against GERN, VXX sits near the bottom by co-movement, at rank #11. Correlation aside, the last 12 months split them widely, with GERN ahead by 58.2 points (+8.5% 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.

GERN vs VXX: side by side

GERN (Geron Corporation)VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN)
1-year return+8.5%-49.7%
5-year return+6.2%-95.6%
Volatility (ann.)64.0%60.9%
Beta vs S&P 5001.34-3.31
Max drawdown (3Y)-79.0%-83.3%
Market cap$1.0B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: GERN -79.0% vs -83.3%Higher 5y return: GERN +6.2% vs -95.6%
-49%0%+34%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. GERN · VXX

Year-by-year returns

YearGERNVXX
2022+98.4%-23.8%
2023-12.8%-72.5%
2024+67.8%-26.2%
2025-62.7%-42.2%
2026+15.9%-31.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are GERN and VXX good diversifiers for each other?

Yes: at -0.31, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between GERN and VXX?

Using weekly returns as of 2026-08-27: -0.31 over 3 years, with -0.37 over the last year and -0.28 over 5 years.

Is VXX a good diversifier for GERN?

Yes: at -0.31, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.31 mean?

A reading of -0.31 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

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GERN vs VXX: 3-year weekly correlation -0.31GERN vs VXX-0.31

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Related comparisons

Hubs: GERN correlations · VXX correlations