KYTX vs VXX: Correlation
Kyverna Therapeutics, Inc. (KYTX) 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 -0.29.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KYTX and VXX?
Over the past 3 years, KYTX and VXX moved with a correlation of -0.29, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.17) runs above the 3-year figure (-0.29). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -1636.8 %².
Out of 17 assets tracked against KYTX, VXX lands near the bottom at #17. Correlation aside, the last 12 months split them widely, with KYTX ahead by 183.8 points (+134.1% versus -49.7%).
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.
KYTX vs VXX: side by side
| KYTX (Kyverna Therapeutics, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +134.1% | -49.7% |
| 5-year return | n/a | -95.6% |
| Volatility (ann.) | 90.2% | 60.9% |
| Beta vs S&P 500 | 1.74 | -3.31 |
| Max drawdown (3Y) | -93.9% | -83.3% |
| Market cap | $0.5B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KYTX | VXX |
|---|---|---|
| 2022 | – | -23.8% |
| 2023 | – | -72.5% |
| 2024 | – | -26.2% |
| 2025 | +151.3% | -42.2% |
| 2026 | -8.1% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KYTX and VXX good diversifiers for each other?
Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between KYTX and VXX?
The KYTX/VXX correlation stands at -0.29 on a 3-year window (1 year: -0.17, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for KYTX?
Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.29 mean?
A reading of -0.29 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/kytx-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kytx-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: KYTX correlations · VXX correlations
