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PRQR vs VXX: Correlation

ProQR Therapeutics N.V. (PRQR) 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 -0.27.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.27
negative
Correlation (1Y)
-0.30
last 12 months
Correlation (5Y)
-0.25
long-run
Ann. covariance
-1757.7
%² · weekly, annualized

How correlated are PRQR and VXX?

Across a 3-year window, the weekly returns of PRQR and VXX correlate at -0.27, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.30 lands near the 3-year figure. Stretching to 5 years gives -0.25, with an annualized covariance of -1757.7 %².

VXX is close to the least connected end of PRQR's tracked universe, ranking #20 of 21. Their recent paths diverged sharply: over the last 12 months PRQR outperformed by 54.7 percentage points (+5.0% for PRQR against -49.7% for VXX). One caveat on sizing: PRQR is 1.7 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.

PRQR vs VXX: side by side

PRQR (ProQR Therapeutics N.V.)VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN)
1-year return+5.0%-49.7%
5-year return-64.2%-95.6%
Volatility (ann.)104.9%60.9%
Beta vs S&P 5001.98-3.31
Max drawdown (3Y)-75.1%-83.3%
Market cap$0.3B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: PRQR -75.1% vs -83.3%Higher 5y return: PRQR -64.2% vs -95.6%
-49%0%+19%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. PRQR · VXX

Year-by-year returns

YearPRQRVXX
2022-53.8%-23.8%
2023-46.5%-72.5%
2024+33.8%-26.2%
2025-23.8%-42.2%
2026+14.9%-31.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are PRQR and VXX good diversifiers for each other?

Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between PRQR and VXX?

The PRQR/VXX correlation stands at -0.27 on a 3-year window (1 year: -0.30, 5 years: -0.25), computed from weekly returns as of 2026-08-27.

Is VXX a good diversifier for PRQR?

Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.27 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

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PRQR vs VXX: 3-year weekly correlation -0.27PRQR vs VXX-0.27

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Related comparisons

Hubs: PRQR correlations · VXX correlations