IRIX vs VVOS: Correlation
Measured on weekly returns over the past three years, IRIDEX Corporation (IRIX) and Vivos Therapeutics, Inc. (VVOS) carry a correlation of 0.38, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IRIX and VVOS?
On 3 years of weekly data the IRIX/VVOS correlation comes out at 0.38, moderate. The link has loosened recently: the 1-year correlation (0.09) runs below the 3-year figure (0.38). The 5-year figure is 0.28, and annualized covariance runs at 5180.0 %².
Few assets follow IRIX as closely as VVOS, which ranks #1 of 10 tracked partners. Their recent paths diverged sharply: over the last 12 months IRIX outperformed by 49.2 percentage points (-45.2% for IRIX against -94.4% for VVOS). Note the risk asymmetry: VVOS runs 3.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
IRIX vs VVOS: side by side
| IRIX (IRIDEX Corporation) | VVOS (Vivos Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -45.2% | -94.4% |
| 5-year return | -90.8% | -99.8% |
| Volatility (ann.) | 60.9% | 226.0% |
| Beta vs S&P 500 | 0.50 | 1.24 |
| Max drawdown (3Y) | -79.9% | -99.4% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IRIX | VVOS |
|---|---|---|
| 2022 | -67.1% | -82.1% |
| 2023 | +39.8% | +23.8% |
| 2024 | -40.2% | -65.5% |
| 2025 | -32.1% | -52.7% |
| 2026 | -37.5% | -87.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IRIX and VVOS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between IRIX and VVOS?
The IRIX/VVOS correlation stands at 0.38 on a 3-year window (1 year: 0.09, 5 years: 0.28), computed from weekly returns as of 2026-08-27.
Is VVOS a good diversifier for IRIX?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.38 mean?
On the −1 to +1 scale, 0.38 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
$ curl https://www.pairbook.io/api/v1/pairs/irix-vs-vvos.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/irix-vs-vvos/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: IRIX correlations · VVOS correlations
