KYMR vs VXX: Correlation
How closely do Kymera Therapeutics, Inc. (KYMR) 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 -0.38, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KYMR and VXX?
On 3 years of weekly data the KYMR/VXX correlation comes out at -0.38, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.19) runs above the 3-year figure (-0.38). The 5-year figure is -0.30, and annualized covariance runs at -1730.4 %².
VXX is close to the least connected end of KYMR's tracked universe, ranking #30 of 31. The last year tells two different stories: KYMR led by 234.2 percentage points, +184.5% for KYMR 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.
KYMR vs VXX: side by side
| KYMR (Kymera Therapeutics, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +184.5% | -49.7% |
| 5-year return | +96.7% | -95.6% |
| Volatility (ann.) | 74.1% | 60.9% |
| Beta vs S&P 500 | 2.12 | -3.31 |
| Max drawdown (3Y) | -59.8% | -83.3% |
| Market cap | $9.9B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KYMR | VXX |
|---|---|---|
| 2022 | -60.7% | -23.8% |
| 2023 | +2.0% | -72.5% |
| 2024 | +58.0% | -26.2% |
| 2025 | +93.4% | -42.2% |
| 2026 | +54.5% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KYMR and VXX good diversifiers for each other?
Yes. With a correlation of -0.38, KYMR and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between KYMR and VXX?
As of 2026-08-27, the correlation of weekly returns between KYMR and VXX is -0.38 over 3 years, -0.19 over 1 year and -0.30 over 5 years.
Is VXX a good diversifier for KYMR?
Yes. With a correlation of -0.38, KYMR and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.38 mean?
A reading of -0.38 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/kymr-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kymr-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: KYMR correlations · VXX correlations
