IQV vs RGEN: Correlation
Measured on weekly returns over the past three years, IQVIA (IQV) and Repligen Corporation (RGEN) carry a correlation of 0.55, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IQV and RGEN?
On 3 years of weekly data the IQV/RGEN correlation comes out at 0.55, moderate. Little has changed lately, as the 1-year reading of 0.58 lands near the 3-year figure. The 5-year figure is 0.57, and annualized covariance runs at 1024.6 %².
Among the 37 assets we track against IQV, RGEN ranks #14 by 3-year correlation. Over the last 12 months RGEN came out ahead by 14.1 percentage points (+39.0% against +53.1%).
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.
IQV vs RGEN: side by side
| IQV (IQVIA) | RGEN (Repligen Corporation) | |
|---|---|---|
| 1-year return | +39.0% | +53.1% |
| 5-year return | +0.3% | -35.6% |
| Volatility (ann.) | 37.9% | 49.5% |
| Beta vs S&P 500 | 0.93 | 1.35 |
| Max drawdown (3Y) | -47.1% | -50.6% |
| Market cap | $43.2B | $10.3B |
| P/E (trailing) | 32.6 | 252.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | IQV | RGEN |
|---|---|---|
| 2022 | -27.4% | -36.1% |
| 2023 | +12.9% | +6.2% |
| 2024 | -15.1% | -19.9% |
| 2025 | +14.7% | +13.8% |
| 2026 | +16.4% | +11.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IQV and RGEN good diversifiers for each other?
Only partially. A correlation of 0.55 means IQV and RGEN share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between IQV and RGEN?
Using weekly returns as of 2026-08-27: 0.55 over 3 years, with 0.58 over the last year and 0.57 over 5 years.
Is RGEN a good diversifier for IQV?
Only partially. A correlation of 0.55 means IQV and RGEN share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.55 mean?
A reading of 0.55 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/iqv-vs-rgen.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/iqv-vs-rgen/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: IQV correlations · RGEN correlations
