KPRX vs VXX: Correlation
How closely do Kiora Pharmaceuticals, Inc. (KPRX) 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 -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KPRX and VXX?
On 3 years of weekly data the KPRX/VXX correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.39 versus -0.21 over 3 years. The 5-year figure is -0.08, and annualized covariance runs at -772.5 %².
Out of 11 assets tracked against KPRX, VXX lands near the bottom at #10. The last year tells two different stories: KPRX led by 42.7 percentage points, -7.0% for KPRX 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.
KPRX vs VXX: side by side
| KPRX (Kiora Pharmaceuticals, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -7.0% | -49.7% |
| 5-year return | -99.6% | -95.6% |
| Volatility (ann.) | 60.9% | 60.9% |
| Beta vs S&P 500 | 1.09 | -3.31 |
| Max drawdown (3Y) | -76.5% | -83.3% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KPRX | VXX |
|---|---|---|
| 2022 | -94.3% | -23.8% |
| 2023 | -84.8% | -72.5% |
| 2024 | -29.8% | -26.2% |
| 2025 | -40.3% | -42.2% |
| 2026 | +35.0% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KPRX and VXX good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between KPRX and VXX?
As of 2026-08-27, the correlation of weekly returns between KPRX and VXX is -0.21 over 3 years, -0.39 over 1 year and -0.08 over 5 years.
Is VXX a good diversifier for KPRX?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 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/kprx-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kprx-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: KPRX correlations · VXX correlations
