CRL vs RVTY: Correlation
Charles River Laboratories (CRL) and Revvity (RVTY) show a moderate relationship: their 3-year correlation of weekly returns is 0.58.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRL and RVTY?
On 3 years of weekly data the CRL/RVTY correlation comes out at 0.58, moderate. The past 12 months show a tighter link (0.76) than the 3-year average (0.58). The 5-year figure is 0.61, and annualized covariance runs at 956.9 %².
Among the 33 assets we track against CRL, RVTY ranks #7 by 3-year correlation. Correlation aside, the last 12 months split them widely, with CRL ahead by 35.3 points (+82.1% versus +46.8%). On a rolling one-year basis the correlation drifted between 0.39 and 0.77, a moderate band.
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.
CRL vs RVTY: side by side
| CRL (Charles River Laboratories) | RVTY (Revvity) | |
|---|---|---|
| 1-year return | +82.1% | +46.8% |
| 5-year return | -33.3% | -30.2% |
| Volatility (ann.) | 47.9% | 34.2% |
| Beta vs S&P 500 | 0.92 | 0.81 |
| Max drawdown (3Y) | -63.5% | -35.3% |
| Market cap | $14.3B | $14.5B |
| P/E (trailing) | – | 62.4 |
| Dividend yield | 0.00% | 0.22% |
| Sector / category | Health Care | Health Care |
Year-by-year returns
| Year | CRL | RVTY |
|---|---|---|
| 2022 | -42.2% | -30.1% |
| 2023 | +8.5% | -21.9% |
| 2024 | -21.9% | +2.4% |
| 2025 | +8.1% | -13.1% |
| 2026 | +48.6% | +34.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRL and RVTY good diversifiers for each other?
To a limited degree. At 0.58 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between CRL and RVTY?
Using weekly returns as of 2026-08-27: 0.58 over 3 years, with 0.76 over the last year and 0.61 over 5 years.
Is RVTY a good diversifier for CRL?
To a limited degree. At 0.58 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.58 mean?
A reading of 0.58 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/crl-vs-rvty.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/crl-vs-rvty/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CRL correlations · RVTY correlations
