BZAI vs SOLV: Correlation
Measured on weekly returns over the past three years, Blaize Holdings, Inc. (BZAI) and Solventum (SOLV) carry a correlation of -0.18, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BZAI and SOLV?
Over the past 3 years, BZAI and SOLV moved with a correlation of -0.18, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.21) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -604.3 %².
By 3-year correlation, SOLV places #9 of the 16 assets tracked against BZAI. The last year tells two different stories: SOLV led by 112.0 percentage points, -87.3% for BZAI against +24.7% for SOLV. One caveat on sizing: BZAI is 3.2 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.
BZAI vs SOLV: side by side
| BZAI (Blaize Holdings, Inc.) | SOLV (Solventum) | |
|---|---|---|
| 1-year return | -87.3% | +24.7% |
| 5-year return | -94.8% | n/a |
| Volatility (ann.) | 97.0% | 30.4% |
| Beta vs S&P 500 | 0.55 | 0.62 |
| Max drawdown (3Y) | -97.0% | -40.0% |
| Market cap | $0.1B | $15.5B |
| P/E (trailing) | – | 11.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | BZAI | SOLV |
|---|---|---|
| 2023 | +5.6% | – |
| 2024 | +39.8% | – |
| 2025 | -87.0% | +20.0% |
| 2026 | -73.8% | +14.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BZAI and SOLV good diversifiers for each other?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BZAI and SOLV?
The BZAI/SOLV correlation stands at -0.18 on a 3-year window (1 year: -0.21, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is SOLV a good diversifier for BZAI?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.18 mean?
On the −1 to +1 scale, -0.18 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/bzai-vs-solv.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bzai-vs-solv/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BZAI correlations · SOLV correlations
