COLD vs RVTY: Correlation
How closely do Americold Realty Trust, Inc. (COLD) and Revvity (RVTY) trade together? Their weekly returns over three years give a correlation of 0.53, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COLD and RVTY?
Over the past 3 years, COLD and RVTY moved with a correlation of 0.53, which is moderate. The relationship has been stable: the 1-year correlation (0.60) sits close to the 3-year figure. Over 5 years the correlation is 0.49, and the annualized covariance of weekly returns is 647.0 %².
Few assets follow COLD as closely as RVTY, which ranks #3 of 18 tracked partners. The last year tells two different stories: RVTY led by 38.5 percentage points, +8.3% for COLD against +46.8% for RVTY.
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.
COLD vs RVTY: side by side
| COLD (Americold Realty Trust, Inc.) | RVTY (Revvity) | |
|---|---|---|
| 1-year return | +8.3% | +46.8% |
| 5-year return | -49.6% | -30.2% |
| Volatility (ann.) | 35.4% | 34.2% |
| Beta vs S&P 500 | 0.70 | 0.81 |
| Max drawdown (3Y) | -67.1% | -35.3% |
| Market cap | $4.3B | $14.5B |
| P/E (trailing) | – | 62.4 |
| Dividend yield | 6.02% | 0.22% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | COLD | RVTY |
|---|---|---|
| 2022 | -10.9% | -30.1% |
| 2023 | +10.1% | -21.9% |
| 2024 | -26.7% | +2.4% |
| 2025 | -36.2% | -13.1% |
| 2026 | +21.0% | +34.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COLD and RVTY good diversifiers for each other?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between COLD and RVTY?
As of 2026-08-27, the correlation of weekly returns between COLD and RVTY is 0.53 over 3 years, 0.60 over 1 year and 0.49 over 5 years.
Is RVTY a good diversifier for COLD?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.53 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cold-vs-rvty.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cold-vs-rvty/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: COLD correlations · RVTY correlations
