VCYT vs VXX: Correlation
How closely do Veracyte, Inc. (VCYT) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) trade together? Their weekly returns over three years give a correlation of -0.39, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are VCYT and VXX?
Over the past 3 years, VCYT and VXX moved with a correlation of -0.39, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.10) than the 3-year average (-0.39). Over 5 years the correlation is -0.38, and the annualized covariance of weekly returns is -1264.4 %².
Among the 20 assets we track against VCYT, VXX sits near the bottom by co-movement, at rank #19. Correlation aside, the last 12 months split them widely, with VCYT ahead by 107.9 points (+58.2% 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.
VCYT vs VXX: side by side
| VCYT (Veracyte, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | +58.2% | -49.7% |
| 5-year return | -7.1% | -95.6% |
| Volatility (ann.) | 53.3% | 60.9% |
| Beta vs S&P 500 | 1.37 | -3.31 |
| Max drawdown (3Y) | -50.1% | -83.3% |
| Market cap | $3.6B | – |
| P/E (trailing) | 31.6 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | VCYT | VXX |
|---|---|---|
| 2022 | -42.4% | -23.8% |
| 2023 | +15.9% | -72.5% |
| 2024 | +43.9% | -26.2% |
| 2025 | +6.3% | -42.2% |
| 2026 | +7.5% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are VCYT and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.39 means the two rarely move for the same reasons.
FAQ
What is the correlation between VCYT and VXX?
The VCYT/VXX correlation stands at -0.39 on a 3-year window (1 year: -0.10, 5 years: -0.38), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for VCYT?
By historical standards, yes. A correlation of -0.39 means the two rarely move for the same reasons.
What does a correlation of -0.39 mean?
On the −1 to +1 scale, -0.39 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/vcyt-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/vcyt-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: VCYT correlations · VXX correlations
