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DXCM vs SVV: Correlation

How closely do Dexcom (DXCM) and Savers Value Village, Inc. (SVV) trade together? Their weekly returns over three years give a correlation of 0.41, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.41
moderate
Correlation (1Y)
0.57
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
1063.7
%² · weekly, annualized

How correlated are DXCM and SVV?

Over the past 3 years, DXCM and SVV moved with a correlation of 0.41, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.57 versus 0.41 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 1063.7 %².

Within DXCM's tracked universe of 28 assets, SVV comes in at #4 by 3-year correlation. The last year tells two different stories: DXCM led by 26.3 percentage points, +16.9% for DXCM against -9.4% for SVV.

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.

DXCM vs SVV: side by side

DXCM (Dexcom)SVV (Savers Value Village, Inc.)
1-year return+16.9%-9.4%
5-year return-31.5%n/a
Volatility (ann.)46.7%55.5%
Beta vs S&P 5001.020.87
Max drawdown (3Y)-61.0%-73.6%
Market cap$33.7B$1.6B
P/E (trailing)35.270.2
Dividend yield0.00%0.00%
Sector / categoryHealth CareUS Listed
Lower P/E: DXCM 35.2 vs 70.2Smaller drawdown: DXCM -61.0% vs -73.6%
-43%0%+15%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. DXCM · SVV

Year-by-year returns

YearDXCMSVV
2022-15.6%
2023+9.6%
2024-37.3%-41.0%
2025-14.7%-8.9%
2026+34.5%+12.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are DXCM and SVV good diversifiers for each other?

A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between DXCM and SVV?

As of 2026-08-27, the correlation of weekly returns between DXCM and SVV is 0.41 over 3 years, 0.57 over 1 year and n/a over 5 years.

Is SVV a good diversifier for DXCM?

A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.41 mean?

A reading of 0.41 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/dxcm-vs-svv.json

DXCM vs SVV: 3-year weekly correlation 0.41DXCM vs SVV0.41

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Related comparisons

Hubs: DXCM correlations · SVV correlations