PRQR vs VXZ: Correlation
How closely do ProQR Therapeutics N.V. (PRQR) 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 -0.30, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PRQR and VXZ?
Over the past 3 years, PRQR and VXZ moved with a correlation of -0.30, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.33 over 1 year against -0.30 over 3. Over 5 years the correlation is -0.22, and the annualized covariance of weekly returns is -796.1 %².
Out of 21 assets tracked against PRQR, VXZ lands near the bottom at #21. The last year tells two different stories: PRQR led by 21.1 percentage points, +5.0% for PRQR against -16.1% for VXZ. Risk is not evenly split, since PRQR carries 4.1 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.
PRQR vs VXZ: side by side
| PRQR (ProQR Therapeutics N.V.) | VXZ (iPath Series B S&P 500 VIX Mid-Term Futures ETN) | |
|---|---|---|
| 1-year return | +5.0% | -16.1% |
| 5-year return | -64.2% | -53.1% |
| Volatility (ann.) | 104.9% | 25.6% |
| Beta vs S&P 500 | 1.98 | -1.31 |
| Max drawdown (3Y) | -75.1% | -36.4% |
| Market cap | $0.3B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | – |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PRQR | VXZ |
|---|---|---|
| 2022 | -53.8% | +0.5% |
| 2023 | -46.5% | -44.0% |
| 2024 | +33.8% | -12.7% |
| 2025 | -23.8% | +5.7% |
| 2026 | +14.9% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PRQR and VXZ 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 PRQR and VXZ?
As of 2026-08-27, the correlation of weekly returns between PRQR and VXZ is -0.30 over 3 years, -0.33 over 1 year and -0.22 over 5 years.
Is VXZ a good diversifier for PRQR?
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/prqr-vs-vxz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/prqr-vs-vxz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PRQR correlations · VXZ correlations
