BVS vs COMP: Correlation
Bioventus Inc. (BVS) and Compass, Inc. (COMP) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BVS and COMP?
Over the past 3 years, BVS and COMP moved with a correlation of 0.45, which is moderate. Little has changed lately, as the 1-year reading of 0.41 lands near the 3-year figure. Over 5 years the correlation is 0.14, and the annualized covariance of weekly returns is 1482.0 %².
COMP is one of the assets that tracks BVS most closely: it ranks #3 out of the 11 assets we track against BVS. The last year tells two different stories: BVS led by 64.5 percentage points, +84.1% for BVS against +19.6% for COMP.
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.
BVS vs COMP: side by side
| BVS (Bioventus Inc.) | COMP (Compass, Inc.) | |
|---|---|---|
| 1-year return | +84.1% | +19.6% |
| 5-year return | -6.2% | -33.6% |
| Volatility (ann.) | 52.7% | 61.9% |
| Beta vs S&P 500 | 0.89 | 1.54 |
| Max drawdown (3Y) | -55.2% | -50.8% |
| Market cap | $0.9B | $8.5B |
| P/E (trailing) | 17.9 | 185.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BVS | COMP |
|---|---|---|
| 2022 | -82.0% | -74.4% |
| 2023 | +101.9% | +61.4% |
| 2024 | +99.2% | +55.6% |
| 2025 | -29.1% | +80.7% |
| 2026 | +85.3% | +5.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BVS and COMP good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BVS and COMP?
As of 2026-08-27, the correlation of weekly returns between BVS and COMP is 0.45 over 3 years, 0.41 over 1 year and 0.14 over 5 years.
Is COMP a good diversifier for BVS?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.45 mean?
On the −1 to +1 scale, 0.45 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/bvs-vs-comp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bvs-vs-comp/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BVS correlations · COMP correlations
