AVTR vs RVTY: Correlation
Measured on weekly returns over the past three years, Avantor, Inc. (AVTR) and Revvity (RVTY) carry a correlation of 0.62, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AVTR and RVTY?
Over the past 3 years, AVTR and RVTY moved with a correlation of 0.62, which is strong. The relationship has been stable: the 1-year correlation (0.63) sits close to the 3-year figure. Over 5 years the correlation is 0.59, and the annualized covariance of weekly returns is 939.6 %².
Few assets follow AVTR as closely as RVTY, which ranks #3 of 14 tracked partners. The last year tells two different stories: RVTY led by 36.0 percentage points, +10.8% for AVTR against +46.8% for RVTY.
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.
AVTR vs RVTY: side by side
| AVTR (Avantor, Inc.) | RVTY (Revvity) | |
|---|---|---|
| 1-year return | +10.8% | +46.8% |
| 5-year return | -63.4% | -30.2% |
| Volatility (ann.) | 44.6% | 34.2% |
| Beta vs S&P 500 | 0.89 | 0.81 |
| Max drawdown (3Y) | -73.2% | -35.3% |
| Market cap | $9.9B | $14.5B |
| P/E (trailing) | – | 62.4 |
| Dividend yield | 0.00% | 0.22% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | AVTR | RVTY |
|---|---|---|
| 2022 | -50.0% | -30.1% |
| 2023 | +8.3% | -21.9% |
| 2024 | -7.7% | +2.4% |
| 2025 | -45.6% | -13.1% |
| 2026 | +27.5% | +34.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AVTR and RVTY good diversifiers for each other?
Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between AVTR and RVTY?
Using weekly returns as of 2026-08-27: 0.62 over 3 years, with 0.63 over the last year and 0.59 over 5 years.
Is RVTY a good diversifier for AVTR?
Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.62 mean?
A reading of 0.62 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/avtr-vs-rvty.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/avtr-vs-rvty/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AVTR correlations · RVTY correlations
