HUMA vs VXX: Correlation
Humacyte, Inc. (HUMA) 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 -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HUMA and VXX?
On 3 years of weekly data the HUMA/VXX correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.26 over 1 year against -0.25 over 3. The 5-year figure is -0.23, and annualized covariance runs at -1558.7 %².
VXX is close to the least connected end of HUMA's tracked universe, ranking #9 of 11. On 12-month performance VXX holds a 5.0-point edge, -54.7% against -49.7%. Note the risk asymmetry: HUMA runs 1.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
HUMA vs VXX: side by side
| HUMA (Humacyte, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -54.7% | -49.7% |
| 5-year return | -94.8% | -95.6% |
| Volatility (ann.) | 103.1% | 60.9% |
| Beta vs S&P 500 | 2.71 | -3.31 |
| Max drawdown (3Y) | -94.2% | -83.3% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HUMA | VXX |
|---|---|---|
| 2022 | -70.9% | -23.8% |
| 2023 | +34.6% | -72.5% |
| 2024 | +77.8% | -26.2% |
| 2025 | -81.0% | -42.2% |
| 2026 | -27.9% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HUMA and VXX good diversifiers for each other?
Yes. With a correlation of -0.25, HUMA and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between HUMA and VXX?
Using weekly returns as of 2026-08-27: -0.25 over 3 years, with -0.26 over the last year and -0.23 over 5 years.
Is VXX a good diversifier for HUMA?
Yes. With a correlation of -0.25, HUMA and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.25 mean?
On the −1 to +1 scale, -0.25 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/huma-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/huma-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: HUMA correlations · VXX correlations
