PGEN vs VXX: Correlation
Measured on weekly returns over the past three years, Precigen, Inc. (PGEN) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.30, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PGEN and VXX?
On 3 years of weekly data the PGEN/VXX correlation comes out at -0.30, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.22 over 1 year against -0.30 over 3. The 5-year figure is -0.28, and annualized covariance runs at -1721.2 %².
VXX is close to the least connected end of PGEN's tracked universe, ranking #11 of 11. The last year tells two different stories: PGEN led by 106.3 percentage points, +56.6% for PGEN against -49.7% for VXX. One caveat on sizing: PGEN is 1.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
PGEN vs VXX: side by side
| PGEN (Precigen, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +56.6% | -49.7% |
| 5-year return | +20.8% | -95.6% |
| Volatility (ann.) | 92.8% | 60.9% |
| Beta vs S&P 500 | 1.77 | -3.31 |
| Max drawdown (3Y) | -64.4% | -83.3% |
| Market cap | $2.6B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PGEN | VXX |
|---|---|---|
| 2022 | -59.0% | -23.8% |
| 2023 | -11.8% | -72.5% |
| 2024 | -16.4% | -26.2% |
| 2025 | +273.2% | -42.2% |
| 2026 | +72.0% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PGEN and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.30 means the two rarely move for the same reasons.
FAQ
What is the correlation between PGEN and VXX?
Using weekly returns as of 2026-08-27: -0.30 over 3 years, with -0.22 over the last year and -0.28 over 5 years.
Is VXX a good diversifier for PGEN?
By historical standards, yes. A correlation of -0.30 means the two rarely move for the same reasons.
What does a correlation of -0.30 mean?
On the −1 to +1 scale, -0.30 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/pgen-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/pgen-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: PGEN correlations · VXX correlations
