CDNA vs RVLV: Correlation
How closely do CareDx, Inc. (CDNA) and Revolve Group, Inc. (RVLV) trade together? Their weekly returns over three years give a correlation of 0.42, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CDNA and RVLV?
Over the past 3 years, CDNA and RVLV moved with a correlation of 0.42, which is moderate. Little has changed lately, as the 1-year reading of 0.33 lands near the 3-year figure. Over 5 years the correlation is 0.39, and the annualized covariance of weekly returns is 1910.5 %².
In CDNA's tracked universe of 10 assets, RVLV sits right near the top at #3. Correlation aside, the last 12 months split them widely, with CDNA ahead by 293.9 points (+294.0% versus +0.1%). Risk is not evenly split, since CDNA carries 1.5 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.
CDNA vs RVLV: side by side
| CDNA (CareDx, Inc.) | RVLV (Revolve Group, Inc.) | |
|---|---|---|
| 1-year return | +294.0% | +0.1% |
| 5-year return | -35.0% | -59.7% |
| Volatility (ann.) | 83.5% | 54.1% |
| Beta vs S&P 500 | 1.46 | 1.64 |
| Max drawdown (3Y) | -66.0% | -56.0% |
| Market cap | $2.7B | $1.6B |
| P/E (trailing) | 24.5 | 23.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CDNA | RVLV |
|---|---|---|
| 2022 | -74.9% | -60.3% |
| 2023 | +5.2% | -25.5% |
| 2024 | +78.4% | +102.0% |
| 2025 | -12.0% | -9.9% |
| 2026 | +177.9% | -23.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CDNA and RVLV good diversifiers for each other?
Reasonably. At 0.42, CDNA and RVLV keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CDNA and RVLV?
The CDNA/RVLV correlation stands at 0.42 on a 3-year window (1 year: 0.33, 5 years: 0.39), computed from weekly returns as of 2026-08-27.
Is RVLV a good diversifier for CDNA?
Reasonably. At 0.42, CDNA and RVLV keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 mean?
A reading of 0.42 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/cdna-vs-rvlv.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cdna-vs-rvlv/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CDNA correlations · RVLV correlations
