SOPH vs VXX: Correlation
SOPHiA GENETICS SA (SOPH) 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 -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SOPH and VXX?
On 3 years of weekly data the SOPH/VXX correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.17 lands near the 3-year figure. The 5-year figure is -0.16, and annualized covariance runs at -913.5 %².
VXX is close to the least connected end of SOPH's tracked universe, ranking #10 of 11. Correlation aside, the last 12 months split them widely, with SOPH ahead by 217.6 points (+167.9% 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.
SOPH vs VXX: side by side
| SOPH (SOPHiA GENETICS SA) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +167.9% | -49.7% |
| 5-year return | -54.1% | -95.6% |
| Volatility (ann.) | 60.0% | 60.9% |
| Beta vs S&P 500 | 1.16 | -3.31 |
| Max drawdown (3Y) | -52.7% | -83.3% |
| Market cap | $0.8B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SOPH | VXX |
|---|---|---|
| 2022 | -85.4% | -23.8% |
| 2023 | +128.6% | -72.5% |
| 2024 | -34.8% | -26.2% |
| 2025 | +52.1% | -42.2% |
| 2026 | +91.0% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SOPH and VXX good diversifiers for each other?
Yes. With a correlation of -0.25, SOPH and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between SOPH and VXX?
Using weekly returns as of 2026-08-27: -0.25 over 3 years, with -0.17 over the last year and -0.16 over 5 years.
Is VXX a good diversifier for SOPH?
Yes. With a correlation of -0.25, SOPH and VXX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.25 mean?
On the −1 to +1 scale, -0.25 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/soph-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/soph-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SOPH correlations · VXX correlations
