PLUR vs VXZ: Correlation
How closely do Pluri Inc. (PLUR) and iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PLUR and VXZ?
Over the past 3 years, PLUR and VXZ moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.01) than the 3-year average (-0.21). Over 5 years the correlation is -0.21, and the annualized covariance of weekly returns is -381.2 %².
VXZ is close to the least connected end of PLUR's tracked universe, ranking #8 of 10. The last year tells two different stories: VXZ led by 52.0 percentage points, -68.1% for PLUR against -16.1% for VXZ. Note the risk asymmetry: PLUR runs 2.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
PLUR vs VXZ: side by side
| PLUR (Pluri Inc.) | VXZ (iPath Series B S&P 500 VIX Mid-Term Futures ETN) | |
|---|---|---|
| 1-year return | -68.1% | -16.1% |
| 5-year return | -93.5% | -53.1% |
| Volatility (ann.) | 69.6% | 25.6% |
| Beta vs S&P 500 | 0.94 | -1.31 |
| Max drawdown (3Y) | -81.9% | -36.4% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | – |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PLUR | VXZ |
|---|---|---|
| 2022 | -35.6% | +0.5% |
| 2023 | -38.3% | -44.0% |
| 2024 | -7.8% | -12.7% |
| 2025 | -30.1% | +5.7% |
| 2026 | -48.8% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PLUR and VXZ good diversifiers for each other?
Yes. With a correlation of -0.21, PLUR and VXZ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between PLUR and VXZ?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.01 over the last year and -0.21 over 5 years.
Is VXZ a good diversifier for PLUR?
Yes. With a correlation of -0.21, PLUR and VXZ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 mean?
A reading of -0.21 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/plur-vs-vxz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/plur-vs-vxz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PLUR correlations · VXZ correlations
