IQV vs RVTY: Correlation
IQVIA (IQV) and Revvity (RVTY) show a strong relationship: their 3-year correlation of weekly returns is 0.64.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IQV and RVTY?
On 3 years of weekly data the IQV/RVTY correlation comes out at 0.64, strong. Recent behaviour matches the longer record: 0.73 over 1 year against 0.64 over 3. The 5-year figure is 0.66, and annualized covariance runs at 823.1 %².
Among the 37 assets we track against IQV, RVTY ranks #5 by 3-year correlation. The trailing year gives RVTY the advantage: +39.0% versus +46.8%, a 7.8-point spread. The rolling one-year correlation moved between 0.32 and 0.76 over the past three years, a moderate range.
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 RVTY: side by side
| IQV (IQVIA) | RVTY (Revvity) | |
|---|---|---|
| 1-year return | +39.0% | +46.8% |
| 5-year return | +0.3% | -30.2% |
| Volatility (ann.) | 37.9% | 34.2% |
| Beta vs S&P 500 | 0.93 | 0.81 |
| Max drawdown (3Y) | -47.1% | -35.3% |
| Market cap | $43.2B | $14.5B |
| P/E (trailing) | 32.6 | 62.4 |
| Dividend yield | 0.00% | 0.22% |
| Sector / category | Health Care | Health Care |
Year-by-year returns
| Year | IQV | RVTY |
|---|---|---|
| 2022 | -27.4% | -30.1% |
| 2023 | +12.9% | -21.9% |
| 2024 | -15.1% | +2.4% |
| 2025 | +14.7% | -13.1% |
| 2026 | +16.4% | +34.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IQV and RVTY good diversifiers for each other?
Somewhat, no more. With 0.64 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between IQV and RVTY?
The IQV/RVTY correlation stands at 0.64 on a 3-year window (1 year: 0.73, 5 years: 0.66), computed from weekly returns as of 2026-08-27.
Is RVTY a good diversifier for IQV?
Somewhat, no more. With 0.64 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.64 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/iqv-vs-rvty.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/iqv-vs-rvty/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: IQV correlations · RVTY correlations
