DVA vs VVV: Correlation
Measured on weekly returns over the past three years, DaVita (DVA) and Valvoline Inc. (VVV) carry a correlation of 0.40, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DVA and VVV?
Over the past 3 years, DVA and VVV moved with a correlation of 0.40, which is moderate. The past 12 months show a tighter link (0.57) than the 3-year average (0.40). Over 5 years the correlation is 0.33, and the annualized covariance of weekly returns is 470.6 %².
By 3-year correlation, VVV places #9 of the 38 assets tracked against DVA. Their recent paths diverged sharply: over the last 12 months DVA outperformed by 49.3 percentage points (+30.0% for DVA against -19.3% for VVV).
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 VVV: side by side
| DVA (DaVita) | VVV (Valvoline Inc.) | |
|---|---|---|
| 1-year return | +30.0% | -19.3% |
| 5-year return | +36.4% | +7.4% |
| Volatility (ann.) | 40.9% | 29.0% |
| Beta vs S&P 500 | 0.38 | 0.68 |
| Max drawdown (3Y) | -41.4% | -39.3% |
| Market cap | $11.4B | $4.1B |
| P/E (trailing) | 15.3 | 40.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | DVA | VVV |
|---|---|---|
| 2022 | -34.4% | -11.0% |
| 2023 | +40.3% | +15.1% |
| 2024 | +42.8% | -3.7% |
| 2025 | -24.0% | -19.7% |
| 2026 | +57.5% | +10.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DVA and VVV good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DVA and VVV?
The DVA/VVV correlation stands at 0.40 on a 3-year window (1 year: 0.57, 5 years: 0.33), computed from weekly returns as of 2026-08-27.
Is VVV a good diversifier for DVA?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.40 mean?
On the −1 to +1 scale, 0.40 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dva-vs-vvv.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dva-vs-vvv/)
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Related comparisons
Hubs: DVA correlations · VVV correlations
