MRKR vs VXX: Correlation
Marker Therapeutics, Inc. (MRKR) 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 -0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MRKR and VXX?
On 3 years of weekly data the MRKR/VXX correlation comes out at -0.33, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.35) sits close to the 3-year figure. The 5-year figure is -0.22, and annualized covariance runs at -1797.6 %².
Among the 12 assets we track against MRKR, VXX sits near the bottom by co-movement, at rank #11. Their recent paths diverged sharply: over the last 12 months MRKR outperformed by 105.0 percentage points (+55.3% for MRKR 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.
MRKR vs VXX: side by side
| MRKR (Marker Therapeutics, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +55.3% | -49.7% |
| 5-year return | -92.3% | -95.6% |
| Volatility (ann.) | 88.6% | 60.9% |
| Beta vs S&P 500 | 1.92 | -3.31 |
| Max drawdown (3Y) | -86.2% | -83.3% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MRKR | VXX |
|---|---|---|
| 2022 | -71.6% | -23.8% |
| 2023 | +103.7% | -72.5% |
| 2024 | -43.5% | -26.2% |
| 2025 | -52.1% | -42.2% |
| 2026 | -2.0% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MRKR and VXX good diversifiers for each other?
Yes. With a correlation of -0.33, MRKR and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between MRKR and VXX?
As of 2026-08-27, the correlation of weekly returns between MRKR and VXX is -0.33 over 3 years, -0.35 over 1 year and -0.22 over 5 years.
Is VXX a good diversifier for MRKR?
Yes. With a correlation of -0.33, MRKR and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.33 mean?
On the −1 to +1 scale, -0.33 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/mrkr-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mrkr-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MRKR correlations · VXX correlations
