ISRG vs VEEE: Correlation
Intuitive Surgical (ISRG) and Twin Vee PowerCats Co. (VEEE) show a negative relationship: their 3-year correlation of weekly returns is -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ISRG and VEEE?
Across a 3-year window, the weekly returns of ISRG and VEEE correlate at -0.25, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.37) than the 3-year average (-0.25). Stretching to 5 years gives -0.15, with an annualized covariance of -3282.4 %².
Among the 36 assets we track against ISRG, VEEE sits near the bottom by co-movement, at rank #33. Correlation aside, the last 12 months split them widely, with ISRG ahead by 64.2 points (-22.1% versus -86.3%). One caveat on sizing: VEEE is 13.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
ISRG vs VEEE: side by side
| ISRG (Intuitive Surgical) | VEEE (Twin Vee PowerCats Co.) | |
|---|---|---|
| 1-year return | -22.1% | -86.3% |
| 5-year return | +4.0% | -99.4% |
| Volatility (ann.) | 31.1% | 421.0% |
| Beta vs S&P 500 | 1.20 | -1.03 |
| Max drawdown (3Y) | -45.6% | -99.3% |
| Market cap | $131.5B | – |
| P/E (trailing) | 42.5 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | ISRG | VEEE |
|---|---|---|
| 2022 | -26.1% | -54.4% |
| 2023 | +27.1% | -22.4% |
| 2024 | +54.7% | -61.3% |
| 2025 | +8.5% | -68.4% |
| 2026 | -35.2% | -84.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ISRG and VEEE good diversifiers for each other?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ISRG and VEEE?
The ISRG/VEEE correlation stands at -0.25 on a 3-year window (1 year: -0.37, 5 years: -0.15), computed from weekly returns as of 2026-08-27.
Is VEEE a good diversifier for ISRG?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.25 mean?
A reading of -0.25 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: ISRG correlations · VEEE correlations
