GROV vs PROK: Correlation
Measured on weekly returns over the past three years, Grove Collaborative Holdings, Inc. (GROV) and ProKidney Corp. - Class A (PROK) carry a correlation of 0.32, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GROV and PROK?
On 3 years of weekly data the GROV/PROK correlation comes out at 0.32, moderate. The link has loosened recently: the 1-year correlation (0.08) runs below the 3-year figure (0.32). The 5-year figure is 0.17, and annualized covariance runs at 6743.9 %².
In GROV's tracked universe of 11 assets, PROK sits right near the top at #1. On 12-month performance PROK holds a 8.9-point edge, -35.8% against -26.9%. One caveat on sizing: PROK is 6.4 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.
GROV vs PROK: side by side
| GROV (Grove Collaborative Holdings, Inc.) | PROK (ProKidney Corp. - Class A) | |
|---|---|---|
| 1-year return | -35.8% | -26.9% |
| 5-year return | -97.9% | -81.3% |
| Volatility (ann.) | 57.5% | 368.1% |
| Beta vs S&P 500 | 0.33 | 2.21 |
| Max drawdown (3Y) | -74.4% | -94.3% |
| Market cap | – | $0.7B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GROV | PROK |
|---|---|---|
| 2022 | -96.0% | -30.7% |
| 2023 | -11.3% | -74.1% |
| 2024 | -21.5% | -5.1% |
| 2025 | -20.9% | +32.5% |
| 2026 | -9.5% | -18.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GROV and PROK good diversifiers for each other?
A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GROV and PROK?
The GROV/PROK correlation stands at 0.32 on a 3-year window (1 year: 0.08, 5 years: 0.17), computed from weekly returns as of 2026-08-27.
Is PROK a good diversifier for GROV?
A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.32 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/grov-vs-prok.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/grov-vs-prok/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GROV correlations · PROK correlations
