HSIC vs RVTY: Correlation
How closely do Henry Schein (HSIC) and Revvity (RVTY) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HSIC and RVTY?
Over the past 3 years, HSIC and RVTY moved with a correlation of 0.37, which is moderate. The past 12 months show a weaker link (0.17) than the 3-year average (0.37). Over 5 years the correlation is 0.40, and the annualized covariance of weekly returns is 317.7 %².
Among the 34 assets we track against HSIC, RVTY ranks #19 by 3-year correlation. The last year tells two different stories: RVTY led by 15.9 percentage points, +30.9% for HSIC against +46.8% for RVTY. On a rolling one-year basis the correlation drifted between 0.20 and 0.59, a moderate band.
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.
HSIC vs RVTY: side by side
| HSIC (Henry Schein) | RVTY (Revvity) | |
|---|---|---|
| 1-year return | +30.9% | +46.8% |
| 5-year return | +20.1% | -30.2% |
| Volatility (ann.) | 25.2% | 34.2% |
| Beta vs S&P 500 | 0.33 | 0.81 |
| Max drawdown (3Y) | -24.3% | -35.3% |
| Market cap | $10.1B | $14.5B |
| P/E (trailing) | 26.3 | 62.4 |
| Dividend yield | 0.00% | 0.22% |
| Sector / category | Health Care | Health Care |
Year-by-year returns
| Year | HSIC | RVTY |
|---|---|---|
| 2022 | +3.0% | -30.1% |
| 2023 | -5.2% | -21.9% |
| 2024 | -8.6% | +2.4% |
| 2025 | +9.2% | -13.1% |
| 2026 | +19.4% | +34.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HSIC and RVTY good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between HSIC and RVTY?
As of 2026-08-27, the correlation of weekly returns between HSIC and RVTY is 0.37 over 3 years, 0.17 over 1 year and 0.40 over 5 years.
Is RVTY a good diversifier for HSIC?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.37 mean?
A reading of 0.37 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/hsic-vs-rvty.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hsic-vs-rvty/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HSIC correlations · RVTY correlations
