MYO vs VXX: Correlation
Measured on weekly returns over the past three years, Myomo Inc. (MYO) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.29, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MYO and VXX?
Over the past 3 years, MYO and VXX moved with a correlation of -0.29, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.20 over 1 year against -0.29 over 3. Over 5 years the correlation is -0.23, and the annualized covariance of weekly returns is -1789.7 %².
Among the 10 assets we track against MYO, VXX sits near the bottom by co-movement, at rank #9. Correlation aside, the last 12 months split them widely, with MYO ahead by 97.9 points (+48.2% versus -49.7%). Risk is not evenly split, since MYO carries 1.6 times the volatility of the other side.
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.
MYO vs VXX: side by side
| MYO (Myomo Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +48.2% | -49.7% |
| 5-year return | -84.2% | -95.6% |
| Volatility (ann.) | 99.7% | 60.9% |
| Beta vs S&P 500 | 1.92 | -3.31 |
| Max drawdown (3Y) | -90.8% | -83.3% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MYO | VXX |
|---|---|---|
| 2022 | -92.5% | -23.8% |
| 2023 | +880.4% | -72.5% |
| 2024 | +28.5% | -26.2% |
| 2025 | -85.9% | -42.2% |
| 2026 | +82.4% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MYO and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
FAQ
What is the correlation between MYO and VXX?
The MYO/VXX correlation stands at -0.29 on a 3-year window (1 year: -0.20, 5 years: -0.23), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for MYO?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
What does a correlation of -0.29 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/myo-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/myo-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MYO correlations · VXX correlations
