EXFY vs RVLV: Correlation
How closely do Expensify, Inc. (EXFY) and Revolve Group, Inc. (RVLV) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EXFY and RVLV?
Across a 3-year window, the weekly returns of EXFY and RVLV correlate at 0.44, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.13 versus 0.44 over 3 years. Stretching to 5 years gives 0.39, with an annualized covariance of 1999.6 %².
Among the 12 assets we track against EXFY, RVLV ranks #5 by 3-year correlation. The last year tells two different stories: EXFY led by 33.2 percentage points, +33.3% for EXFY against +0.1% for RVLV. One caveat on sizing: EXFY is 1.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
EXFY vs RVLV: side by side
| EXFY (Expensify, Inc.) | RVLV (Revolve Group, Inc.) | |
|---|---|---|
| 1-year return | +33.3% | +0.1% |
| 5-year return | -93.8% | -59.7% |
| Volatility (ann.) | 83.7% | 54.1% |
| Beta vs S&P 500 | 2.04 | 1.64 |
| Max drawdown (3Y) | -83.4% | -56.0% |
| Market cap | $0.2B | $1.6B |
| P/E (trailing) | – | 23.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EXFY | RVLV |
|---|---|---|
| 2022 | -79.9% | -60.3% |
| 2023 | -72.0% | -25.5% |
| 2024 | +35.6% | +102.0% |
| 2025 | -54.9% | -9.9% |
| 2026 | +69.5% | -23.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EXFY and RVLV good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between EXFY and RVLV?
As of 2026-08-27, the correlation of weekly returns between EXFY and RVLV is 0.44 over 3 years, 0.13 over 1 year and 0.39 over 5 years.
Is RVLV a good diversifier for EXFY?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 mean?
On the −1 to +1 scale, 0.44 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/exfy-vs-rvlv.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/exfy-vs-rvlv/)
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Related comparisons
Hubs: EXFY correlations · RVLV correlations
