TGTX vs VXX: Correlation
Measured on weekly returns over the past three years, TG Therapeutics, Inc. (TGTX) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.27, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TGTX and VXX?
Across a 3-year window, the weekly returns of TGTX and VXX correlate at -0.27, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.06 versus -0.27 over 3 years. Stretching to 5 years gives -0.25, with an annualized covariance of -1123.0 %².
VXX is close to the least connected end of TGTX's tracked universe, ranking #9 of 11. Correlation aside, the last 12 months split them widely, with TGTX ahead by 144.7 points (+95.0% 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.
TGTX vs VXX: side by side
| TGTX (TG Therapeutics, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +95.0% | -49.7% |
| 5-year return | +108.6% | -95.6% |
| Volatility (ann.) | 68.7% | 60.9% |
| Beta vs S&P 500 | 1.09 | -3.31 |
| Max drawdown (3Y) | -42.0% | -83.3% |
| Market cap | $8.5B | – |
| P/E (trailing) | 20.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TGTX | VXX |
|---|---|---|
| 2022 | -37.7% | -23.8% |
| 2023 | +44.4% | -72.5% |
| 2024 | +76.2% | -26.2% |
| 2025 | -1.0% | -42.2% |
| 2026 | +86.9% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TGTX and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
FAQ
What is the correlation between TGTX and VXX?
As of 2026-08-27, the correlation of weekly returns between TGTX and VXX is -0.27 over 3 years, -0.06 over 1 year and -0.25 over 5 years.
Is VXX a good diversifier for TGTX?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
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
$ curl https://www.pairbook.io/api/v1/pairs/tgtx-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/tgtx-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: TGTX correlations · VXX correlations
