GLUE vs RVMD: Correlation
How closely do Monte Rosa Therapeutics, Inc. (GLUE) and Revolution Medicines, Inc. (RVMD) trade together? Their weekly returns over three years give a correlation of 0.48, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GLUE and RVMD?
On 3 years of weekly data the GLUE/RVMD correlation comes out at 0.48, moderate. Little has changed lately, as the 1-year reading of 0.55 lands near the 3-year figure. The 5-year figure is 0.41, and annualized covariance runs at 3257.4 %².
RVMD is one of the assets that tracks GLUE most closely: it ranks #3 out of the 16 assets we track against GLUE. Their recent paths diverged sharply: over the last 12 months RVMD outperformed by 274.8 percentage points (+206.6% for GLUE against +481.4% for RVMD). One caveat on sizing: GLUE is 1.6 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.
GLUE vs RVMD: side by side
| GLUE (Monte Rosa Therapeutics, Inc.) | RVMD (Revolution Medicines, Inc.) | |
|---|---|---|
| 1-year return | +206.6% | +481.4% |
| 5-year return | -61.7% | +680.1% |
| Volatility (ann.) | 104.5% | 64.9% |
| Beta vs S&P 500 | 1.91 | 1.64 |
| Max drawdown (3Y) | -64.3% | -48.6% |
| Market cap | $1.2B | $47.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GLUE | RVMD |
|---|---|---|
| 2022 | -62.7% | -5.4% |
| 2023 | -25.8% | +20.4% |
| 2024 | +22.8% | +52.5% |
| 2025 | +125.9% | +82.1% |
| 2026 | -8.7% | +177.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GLUE and RVMD good diversifiers for each other?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GLUE and RVMD?
Using weekly returns as of 2026-08-27: 0.48 over 3 years, with 0.55 over the last year and 0.41 over 5 years.
Is RVMD a good diversifier for GLUE?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.48 mean?
A reading of 0.48 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
$ curl https://www.pairbook.io/api/v1/pairs/glue-vs-rvmd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/glue-vs-rvmd/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GLUE correlations · RVMD correlations
