KRUS vs VXZ: Correlation
Measured on weekly returns over the past three years, Kura Sushi USA, Inc. (KRUS) and iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KRUS and VXZ?
Over the past 3 years, KRUS and VXZ moved with a correlation of -0.25, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.32 over 1 year against -0.25 over 3. Over 5 years the correlation is -0.31, and the annualized covariance of weekly returns is -442.2 %².
VXZ is close to the least connected end of KRUS's tracked universe, ranking #12 of 13. The last year tells two different stories: VXZ led by 26.8 percentage points, -42.9% for KRUS against -16.1% for VXZ. Note the risk asymmetry: KRUS runs 2.7 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.
KRUS vs VXZ: side by side
| KRUS (Kura Sushi USA, Inc.) | VXZ (iPath Series B S&P 500 VIX Mid-Term Futures ETN) | |
|---|---|---|
| 1-year return | -42.9% | -16.1% |
| 5-year return | -8.8% | -53.1% |
| Volatility (ann.) | 69.0% | 25.6% |
| Beta vs S&P 500 | 1.57 | -1.31 |
| Max drawdown (3Y) | -65.4% | -36.4% |
| Market cap | $0.6B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | – |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KRUS | VXZ |
|---|---|---|
| 2022 | -41.0% | +0.5% |
| 2023 | +59.4% | -44.0% |
| 2024 | +19.2% | -12.7% |
| 2025 | -42.2% | +5.7% |
| 2026 | -11.6% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KRUS and VXZ good diversifiers for each other?
Yes. With a correlation of -0.25, KRUS and VXZ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between KRUS and VXZ?
As of 2026-08-27, the correlation of weekly returns between KRUS and VXZ is -0.25 over 3 years, -0.32 over 1 year and -0.31 over 5 years.
Is VXZ a good diversifier for KRUS?
Yes. With a correlation of -0.25, KRUS and VXZ 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/krus-vs-vxz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/krus-vs-vxz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KRUS correlations · VXZ correlations
