GILD vs RVSN: Correlation
How closely do Gilead Sciences (GILD) and Rail Vision Ltd. (RVSN) trade together? Their weekly returns over three years give a correlation of -0.23, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GILD and RVSN?
Across a 3-year window, the weekly returns of GILD and RVSN correlate at -0.23, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.32) sits close to the 3-year figure. Stretching to 5 years gives -0.16, with an annualized covariance of -2023.7 %².
RVSN is close to the least connected end of GILD's tracked universe, ranking #30 of 30. The last year tells two different stories: GILD led by 132.8 percentage points, +34.1% for GILD against -98.7% for RVSN. Note the risk asymmetry: RVSN runs 15.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
GILD vs RVSN: side by side
| GILD (Gilead Sciences) | RVSN (Rail Vision Ltd.) | |
|---|---|---|
| 1-year return | +34.1% | -98.7% |
| 5-year return | +148.1% | -100.0% |
| Volatility (ann.) | 24.1% | 373.5% |
| Beta vs S&P 500 | 0.33 | 1.92 |
| Max drawdown (3Y) | -26.6% | -100.0% |
| Market cap | $184.6B | – |
| P/E (trailing) | – | – |
| Dividend yield | 2.17% | 0.00% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | GILD | RVSN |
|---|---|---|
| 2022 | +23.6% | – |
| 2023 | -2.0% | -83.3% |
| 2024 | +18.7% | +38.5% |
| 2025 | +36.6% | -84.6% |
| 2026 | +22.8% | -98.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GILD and RVSN good diversifiers for each other?
Yes. With a correlation of -0.23, GILD and RVSN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between GILD and RVSN?
Using weekly returns as of 2026-08-27: -0.23 over 3 years, with -0.32 over the last year and -0.16 over 5 years.
Is RVSN a good diversifier for GILD?
Yes. With a correlation of -0.23, GILD and RVSN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.23 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gild-vs-rvsn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gild-vs-rvsn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GILD correlations · RVSN correlations
