BSX vs VRRM: Correlation
How closely do Boston Scientific (BSX) and Verra Mobility Corporation (VRRM) 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 BSX and VRRM?
Over the past 3 years, BSX and VRRM moved with a correlation of 0.36, which is moderate. The relationship has been stable: the 1-year correlation (0.43) sits close to the 3-year figure. Over 5 years the correlation is 0.34, and the annualized covariance of weekly returns is 498.0 %².
Within BSX's tracked universe of 33 assets, VRRM comes in at #20 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months BSX outperformed by 26.7 percentage points (-55.9% for BSX against -82.6% for VRRM). Risk is not evenly split, since VRRM carries 1.8 times the volatility of the other side.
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.
BSX vs VRRM: side by side
| BSX (Boston Scientific) | VRRM (Verra Mobility Corporation) | |
|---|---|---|
| 1-year return | -55.9% | -82.6% |
| 5-year return | +4.1% | -71.6% |
| Volatility (ann.) | 27.6% | 50.8% |
| Beta vs S&P 500 | 0.72 | 0.33 |
| Max drawdown (3Y) | -60.6% | -87.5% |
| Market cap | $67.6B | $0.7B |
| P/E (trailing) | 19.5 | 16.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | BSX | VRRM |
|---|---|---|
| 2022 | +8.9% | -10.4% |
| 2023 | +24.9% | +66.5% |
| 2024 | +54.5% | +5.0% |
| 2025 | +6.8% | -7.3% |
| 2026 | -51.1% | -80.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BSX and VRRM good diversifiers for each other?
Reasonably. At 0.36, BSX and VRRM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BSX and VRRM?
Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.43 over the last year and 0.34 over 5 years.
Is VRRM a good diversifier for BSX?
Reasonably. At 0.36, BSX and VRRM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.36 mean?
A reading of 0.36 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/bsx-vs-vrrm.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bsx-vs-vrrm/)
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Related comparisons
Hubs: BSX correlations · VRRM correlations
