DV vs FIVN: Correlation
Measured on weekly returns over the past three years, DoubleVerify Holdings, Inc. (DV) and Five9, Inc. (FIVN) carry a correlation of 0.53, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DV and FIVN?
Across a 3-year window, the weekly returns of DV and FIVN correlate at 0.53, moderate. Recent behaviour matches the longer record: 0.58 over 1 year against 0.53 over 3. Stretching to 5 years gives 0.53, with an annualized covariance of 1498.7 %².
FIVN is one of the assets that tracks DV most closely: it ranks #2 out of the 10 assets we track against DV. Their recent paths diverged sharply: over the last 12 months FIVN outperformed by 46.0 percentage points (-18.0% for DV against +28.0% for FIVN).
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.
DV vs FIVN: side by side
| DV (DoubleVerify Holdings, Inc.) | FIVN (Five9, Inc.) | |
|---|---|---|
| 1-year return | -18.0% | +28.0% |
| 5-year return | -62.1% | -81.3% |
| Volatility (ann.) | 51.0% | 55.7% |
| Beta vs S&P 500 | 1.13 | 1.84 |
| Max drawdown (3Y) | -79.7% | -84.1% |
| Market cap | $2.1B | $2.6B |
| P/E (trailing) | 38.1 | 46.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DV | FIVN |
|---|---|---|
| 2022 | -34.0% | -50.6% |
| 2023 | +67.5% | +16.0% |
| 2024 | -47.8% | -48.4% |
| 2025 | -40.4% | -50.7% |
| 2026 | +16.6% | +72.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DV and FIVN good diversifiers for each other?
Only partially. A correlation of 0.53 means DV and FIVN 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 DV and FIVN?
Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.58 over the last year and 0.53 over 5 years.
Is FIVN a good diversifier for DV?
Only partially. A correlation of 0.53 means DV and FIVN share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.53 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/dv-vs-fivn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dv-vs-fivn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DV correlations · FIVN correlations
