VTSI vs XXII: Correlation
How closely do VirTra, Inc. (VTSI) and 22nd Century Group, Inc (XXII) trade together? Their weekly returns over three years give a correlation of 0.36, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are VTSI and XXII?
On 3 years of weekly data the VTSI/XXII correlation comes out at 0.36, moderate. The link has loosened recently: the 1-year correlation (0.25) runs below the 3-year figure (0.36). The 5-year figure is 0.23, and annualized covariance runs at 2914.8 %².
Within VTSI's tracked universe of 11 assets, XXII comes in at #5 by 3-year correlation. The last year tells two different stories: VTSI led by 51.0 percentage points, -48.4% for VTSI against -99.4% for XXII. One caveat on sizing: XXII is 1.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
VTSI vs XXII: side by side
| VTSI (VirTra, Inc.) | XXII (22nd Century Group, Inc) | |
|---|---|---|
| 1-year return | -48.4% | -99.4% |
| 5-year return | -61.2% | -100.0% |
| Volatility (ann.) | 68.4% | 119.0% |
| Beta vs S&P 500 | 1.24 | 2.06 |
| Max drawdown (3Y) | -82.9% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | 0.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | VTSI | XXII |
|---|---|---|
| 2022 | -33.1% | -70.2% |
| 2023 | +102.4% | -98.7% |
| 2024 | -28.7% | -98.7% |
| 2025 | -37.8% | -99.4% |
| 2026 | -26.9% | -98.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are VTSI and XXII good diversifiers for each other?
Reasonably. At 0.36, VTSI and XXII keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between VTSI and XXII?
Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.25 over the last year and 0.23 over 5 years.
Is XXII a good diversifier for VTSI?
Reasonably. At 0.36, VTSI and XXII keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.36 mean?
On the −1 to +1 scale, 0.36 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/vtsi-vs-xxii.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/vtsi-vs-xxii/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: VTSI correlations · XXII correlations
