DVA vs RRX: Correlation
DaVita (DVA) and Regal Rexnord Corporation (RRX) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DVA and RRX?
Across a 3-year window, the weekly returns of DVA and RRX correlate at 0.43, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.58 versus 0.43 over 3 years. Stretching to 5 years gives 0.39, with an annualized covariance of 747.7 %².
Few assets follow DVA as closely as RRX, which ranks #3 of 38 tracked partners. Their recent paths diverged sharply: over the last 12 months DVA outperformed by 21.8 percentage points (+30.0% for DVA against +8.2% for RRX).
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.
DVA vs RRX: side by side
| DVA (DaVita) | RRX (Regal Rexnord Corporation) | |
|---|---|---|
| 1-year return | +30.0% | +8.2% |
| 5-year return | +36.4% | +18.1% |
| Volatility (ann.) | 40.9% | 42.0% |
| Beta vs S&P 500 | 0.38 | 1.10 |
| Max drawdown (3Y) | -41.4% | -48.1% |
| Market cap | $11.4B | $10.9B |
| P/E (trailing) | 15.3 | 34.0 |
| Dividend yield | 0.00% | 0.85% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | DVA | RRX |
|---|---|---|
| 2022 | -34.4% | -28.7% |
| 2023 | +40.3% | +24.6% |
| 2024 | +42.8% | +5.7% |
| 2025 | -24.0% | -8.6% |
| 2026 | +57.5% | +17.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DVA and RRX good diversifiers for each other?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DVA and RRX?
As of 2026-08-27, the correlation of weekly returns between DVA and RRX is 0.43 over 3 years, 0.58 over 1 year and 0.39 over 5 years.
Is RRX a good diversifier for DVA?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.43 mean?
A reading of 0.43 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/dva-vs-rrx.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dva-vs-rrx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DVA correlations · RRX correlations
