DVA vs SOPH: Correlation
Measured on weekly returns over the past three years, DaVita (DVA) and SOPHiA GENETICS SA (SOPH) carry a correlation of -0.24, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DVA and SOPH?
Across a 3-year window, the weekly returns of DVA and SOPH correlate at -0.24, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.52 versus -0.24 over 3 years. Stretching to 5 years gives -0.08, with an annualized covariance of -589.6 %².
Within DVA's tracked universe of 38 assets, SOPH comes in at #28 by 3-year correlation. Correlation aside, the last 12 months split them widely, with SOPH ahead by 137.9 points (+30.0% versus +167.9%).
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 SOPH: side by side
| DVA (DaVita) | SOPH (SOPHiA GENETICS SA) | |
|---|---|---|
| 1-year return | +30.0% | +167.9% |
| 5-year return | +36.4% | -54.1% |
| Volatility (ann.) | 40.9% | 60.0% |
| Beta vs S&P 500 | 0.38 | 1.16 |
| Max drawdown (3Y) | -41.4% | -52.7% |
| Market cap | $11.4B | $0.8B |
| P/E (trailing) | 15.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | DVA | SOPH |
|---|---|---|
| 2022 | -34.4% | -85.4% |
| 2023 | +40.3% | +128.6% |
| 2024 | +42.8% | -34.8% |
| 2025 | -24.0% | +52.1% |
| 2026 | +57.5% | +91.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DVA and SOPH good diversifiers for each other?
Yes. With a correlation of -0.24, DVA and SOPH have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DVA and SOPH?
As of 2026-08-27, the correlation of weekly returns between DVA and SOPH is -0.24 over 3 years, -0.52 over 1 year and -0.08 over 5 years.
Is SOPH a good diversifier for DVA?
Yes. With a correlation of -0.24, DVA and SOPH have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.24 mean?
A reading of -0.24 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-soph.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dva-vs-soph/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DVA correlations · SOPH correlations
