IDYA vs VXX: Correlation
IDEAYA Biosciences, Inc. (IDYA) 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 -0.34.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IDYA and VXX?
On 3 years of weekly data the IDYA/VXX correlation comes out at -0.34, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.14) than the 3-year average (-0.34). The 5-year figure is -0.25, and annualized covariance runs at -939.6 %².
Out of 23 assets tracked against IDYA, VXX lands near the bottom at #21. Their recent paths diverged sharply: over the last 12 months IDYA outperformed by 116.8 percentage points (+67.1% for IDYA 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.
IDYA vs VXX: side by side
| IDYA (IDEAYA Biosciences, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +67.1% | -49.7% |
| 5-year return | +82.5% | -95.6% |
| Volatility (ann.) | 45.3% | 60.9% |
| Beta vs S&P 500 | 1.37 | -3.31 |
| Max drawdown (3Y) | -69.2% | -83.3% |
| Market cap | $4.0B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IDYA | VXX |
|---|---|---|
| 2022 | -23.1% | -23.8% |
| 2023 | +95.8% | -72.5% |
| 2024 | -27.8% | -26.2% |
| 2025 | +34.5% | -42.2% |
| 2026 | +20.8% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IDYA and VXX good diversifiers for each other?
Yes: at -0.34, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between IDYA and VXX?
The IDYA/VXX correlation stands at -0.34 on a 3-year window (1 year: -0.14, 5 years: -0.25), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for IDYA?
Yes: at -0.34, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.34 mean?
A reading of -0.34 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/idya-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/idya-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: IDYA correlations · VXX correlations
