RCUS vs VXX: Correlation
Arcus Biosciences, Inc. (RCUS) 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 -0.32.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RCUS and VXX?
Across a 3-year window, the weekly returns of RCUS and VXX correlate at -0.32, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.03) runs above the 3-year figure (-0.32). Stretching to 5 years gives -0.25, with an annualized covariance of -1134.2 %².
Among the 12 assets we track against RCUS, VXX sits near the bottom by co-movement, at rank #11. Correlation aside, the last 12 months split them widely, with RCUS ahead by 239.4 points (+189.7% versus -49.7%).
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.
RCUS vs VXX: side by side
| RCUS (Arcus Biosciences, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +189.7% | -49.7% |
| 5-year return | +3.1% | -95.6% |
| Volatility (ann.) | 59.0% | 60.9% |
| Beta vs S&P 500 | 1.71 | -3.31 |
| Max drawdown (3Y) | -69.5% | -83.3% |
| Market cap | $3.8B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RCUS | VXX |
|---|---|---|
| 2022 | -48.9% | -23.8% |
| 2023 | -7.6% | -72.5% |
| 2024 | -22.0% | -26.2% |
| 2025 | +60.0% | -42.2% |
| 2026 | +28.4% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RCUS and VXX good diversifiers for each other?
Yes. With a correlation of -0.32, RCUS and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between RCUS and VXX?
As of 2026-08-27, the correlation of weekly returns between RCUS and VXX is -0.32 over 3 years, -0.03 over 1 year and -0.25 over 5 years.
Is VXX a good diversifier for RCUS?
Yes. With a correlation of -0.32, RCUS and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.32 mean?
A reading of -0.32 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/rcus-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rcus-vs-vxx/)
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Related comparisons
Hubs: RCUS correlations · VXX correlations
