Embodiments of a multi-band voltage controlled oscillator (VCO) are provided herein. The multi-band VCO is configured to adjust a frequency of an output signal based on an input signal. The multi-band VCO includes a tank module, an active module, and a control module. The tank module includes a parallel combination of a capacitor and an inductor. The active module includes a pair of cross-coupled transistors that are configured to provide a negative conductance that cancels out a positive conductance associated with the tank module. To improve the phase noise associated with the multi-band VCO, the control module is configured to adjust the body voltage of the cross-coupled transistors.