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ILMN vs RVTY: Correlation

Illumina, Inc. (ILMN) and Revvity (RVTY) show a moderate relationship: their 3-year correlation of weekly returns is 0.53.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.53
moderate
Correlation (1Y)
0.50
last 12 months
Correlation (5Y)
0.54
long-run
Ann. covariance
837.1
%² · weekly, annualized

How correlated are ILMN and RVTY?

Over the past 3 years, ILMN and RVTY moved with a correlation of 0.53, which is moderate. Recent behaviour matches the longer record: 0.50 over 1 year against 0.53 over 3. Over 5 years the correlation is 0.54, and the annualized covariance of weekly returns is 837.1 %².

Among the 11 assets we track against ILMN, RVTY ranks #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ILMN ahead by 81.9 points (+128.7% versus +46.8%).

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.

ILMN vs RVTY: side by side

ILMN (Illumina, Inc.)RVTY (Revvity)
1-year return+128.7%+46.8%
5-year return-48.8%-30.2%
Volatility (ann.)45.9%34.2%
Beta vs S&P 5001.220.81
Max drawdown (3Y)-57.1%-35.3%
Market cap$34.4B$14.5B
P/E (trailing)42.062.4
Dividend yield0.00%0.22%
Sector / categoryUS ListedHealth Care
Lower P/E: ILMN 42.0 vs 62.4Higher yield: RVTY 0.22% vs 0.00%Smaller drawdown: RVTY -35.3% vs -57.1%Higher 5y return: RVTY -30.2% vs -48.8%
-7%0%+130%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. ILMN · RVTY

Year-by-year returns

YearILMNRVTY
2022-46.9%-30.1%
2023-31.1%-21.9%
2024-1.3%+2.4%
2025-1.8%-13.1%
2026+73.6%+34.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ILMN and RVTY good diversifiers for each other?

Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.

FAQ

What is the correlation between ILMN and RVTY?

Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.50 over the last year and 0.54 over 5 years.

Is RVTY a good diversifier for ILMN?

Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.

What does a correlation of 0.53 mean?

On the −1 to +1 scale, 0.53 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.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/ilmn-vs-rvty.json

ILMN vs RVTY: 3-year weekly correlation 0.53ILMN vs RVTY0.53

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Related comparisons

Hubs: ILMN correlations · RVTY correlations