BVC vs DRTS: Correlation
Measured on weekly returns over the past three years, BitVentures Limited (BVC) and Alpha Tau Medical Ltd. (DRTS) carry a correlation of 0.41, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BVC and DRTS?
Across a 3-year window, the weekly returns of BVC and DRTS correlate at 0.41, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.54 versus 0.41 over 3 years. Stretching to 5 years gives 0.26, with an annualized covariance of 11293.9 %².
By 3-year correlation, DRTS places #7 of the 19 assets tracked against BVC. The last year tells two different stories: BVC led by 1482.5 percentage points, +1822.0% for BVC against +339.5% for DRTS. One caveat on sizing: BVC is 8.2 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.
BVC vs DRTS: side by side
| BVC (BitVentures Limited) | DRTS (Alpha Tau Medical Ltd.) | |
|---|---|---|
| 1-year return | +1822.0% | +339.5% |
| 5-year return | +74.6% | +50.5% |
| Volatility (ann.) | 476.9% | 58.3% |
| Beta vs S&P 500 | 1.30 | 0.85 |
| Max drawdown (3Y) | -97.2% | -48.3% |
| Market cap | $2.1B | $1.4B |
| P/E (trailing) | 8.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BVC | DRTS |
|---|---|---|
| 2022 | +1.2% | -67.6% |
| 2023 | -67.4% | -5.3% |
| 2024 | -33.5% | +3.0% |
| 2025 | -7.3% | +59.7% |
| 2026 | +1002.6% | +199.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BVC and DRTS good diversifiers for each other?
Reasonably. At 0.41, BVC and DRTS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BVC and DRTS?
Using weekly returns as of 2026-08-27: 0.41 over 3 years, with 0.54 over the last year and 0.26 over 5 years.
Is DRTS a good diversifier for BVC?
Reasonably. At 0.41, BVC and DRTS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 mean?
A reading of 0.41 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/bvc-vs-drts.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bvc-vs-drts/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BVC correlations · DRTS correlations
