DOC vs RVTY: Correlation
How closely do Healthpeak Properties (DOC) and Revvity (RVTY) trade together? Their weekly returns over three years give a correlation of 0.54, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DOC and RVTY?
On 3 years of weekly data the DOC/RVTY correlation comes out at 0.54, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.67 versus 0.54 over 3 years. The 5-year figure is 0.50, and annualized covariance runs at 497.7 %².
Among the 35 assets we track against DOC, RVTY ranks #18 by 3-year correlation. The last year tells two different stories: RVTY led by 20.1 percentage points, +26.7% for DOC against +46.8% for RVTY. The rolling one-year correlation moved between 0.33 and 0.68 over the past three years, a moderate range.
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.
DOC vs RVTY: side by side
| DOC (Healthpeak Properties) | RVTY (Revvity) | |
|---|---|---|
| 1-year return | +26.7% | +46.8% |
| 5-year return | -21.6% | -30.2% |
| Volatility (ann.) | 27.1% | 34.2% |
| Beta vs S&P 500 | 0.53 | 0.81 |
| Max drawdown (3Y) | -26.0% | -35.3% |
| Market cap | $15.0B | $14.5B |
| P/E (trailing) | 62.4 | 62.4 |
| Dividend yield | 5.65% | 0.22% |
| Sector / category | Real Estate | Health Care |
Year-by-year returns
| Year | DOC | RVTY |
|---|---|---|
| 2022 | -27.5% | -30.1% |
| 2023 | -16.4% | -21.9% |
| 2024 | +8.8% | +2.4% |
| 2025 | -15.2% | -13.1% |
| 2026 | +37.9% | +34.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DOC and RVTY good diversifiers for each other?
Only partially. A correlation of 0.54 means DOC and RVTY share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between DOC and RVTY?
The DOC/RVTY correlation stands at 0.54 on a 3-year window (1 year: 0.67, 5 years: 0.50), computed from weekly returns as of 2026-08-27.
Is RVTY a good diversifier for DOC?
Only partially. A correlation of 0.54 means DOC and RVTY share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.54 mean?
A reading of 0.54 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/doc-vs-rvty.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/doc-vs-rvty/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DOC correlations · RVTY correlations
