FVCB vs RIVN: Correlation
Measured on weekly returns over the past three years, FVCBankcorp, Inc. (FVCB) and Rivian Automotive, Inc. (RIVN) carry a correlation of 0.41, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FVCB and RIVN?
Over the past 3 years, FVCB and RIVN moved with a correlation of 0.41, which is moderate. The link has loosened recently: the 1-year correlation (-0.02) runs below the 3-year figure (0.41). Over 5 years the correlation is 0.29, and the annualized covariance of weekly returns is 964.8 %².
Among the 14 assets we track against FVCB, RIVN ranks #8 by 3-year correlation. The trailing year gives FVCB the advantage: +36.6% versus +27.1%, a 9.5-point spread. Risk is not evenly split, since RIVN carries 1.9 times the volatility of the other side.
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.
FVCB vs RIVN: side by side
| FVCB (FVCBankcorp, Inc.) | RIVN (Rivian Automotive, Inc.) | |
|---|---|---|
| 1-year return | +36.6% | +27.1% |
| 5-year return | +19.5% | -83.3% |
| Volatility (ann.) | 35.2% | 66.9% |
| Beta vs S&P 500 | 0.80 | 1.19 |
| Max drawdown (3Y) | -34.3% | -65.5% |
| Market cap | $0.3B | $24.3B |
| P/E (trailing) | 12.7 | – |
| Dividend yield | 1.43% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FVCB | RIVN |
|---|---|---|
| 2022 | -3.1% | -82.2% |
| 2023 | -6.9% | +27.3% |
| 2024 | -11.5% | -43.3% |
| 2025 | +11.7% | +48.2% |
| 2026 | +33.3% | -14.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FVCB and RIVN good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between FVCB and RIVN?
As of 2026-08-27, the correlation of weekly returns between FVCB and RIVN is 0.41 over 3 years, -0.02 over 1 year and 0.29 over 5 years.
Is RIVN a good diversifier for FVCB?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.41 mean?
On the −1 to +1 scale, 0.41 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.
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Related comparisons
Hubs: FVCB correlations · RIVN correlations
