RGNX vs VXX: Correlation
REGENXBIO Inc. (RGNX) 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 -0.38.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RGNX and VXX?
On 3 years of weekly data the RGNX/VXX correlation comes out at -0.38, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.34 lands near the 3-year figure. The 5-year figure is -0.35, and annualized covariance runs at -1948.3 %².
VXX is close to the least connected end of RGNX's tracked universe, ranking #13 of 14. Correlation aside, the last 12 months split them widely, with RGNX ahead by 55.9 points (+6.2% 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.
RGNX vs VXX: side by side
| RGNX (REGENXBIO Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +6.2% | -49.7% |
| 5-year return | -70.5% | -95.6% |
| Volatility (ann.) | 84.1% | 60.9% |
| Beta vs S&P 500 | 2.28 | -3.31 |
| Max drawdown (3Y) | -78.4% | -83.3% |
| Market cap | $0.6B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RGNX | VXX |
|---|---|---|
| 2022 | -30.6% | -23.8% |
| 2023 | -20.9% | -72.5% |
| 2024 | -56.9% | -26.2% |
| 2025 | +86.3% | -42.2% |
| 2026 | -34.9% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RGNX and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.38 means the two rarely move for the same reasons.
FAQ
What is the correlation between RGNX and VXX?
The RGNX/VXX correlation stands at -0.38 on a 3-year window (1 year: -0.34, 5 years: -0.35), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for RGNX?
By historical standards, yes. A correlation of -0.38 means the two rarely move for the same reasons.
What does a correlation of -0.38 mean?
A reading of -0.38 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/rgnx-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rgnx-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RGNX correlations · VXX correlations
