IVF vs SILC: Correlation
How closely do INVO Fertility, Inc. (IVF) and Silicom Ltd (SILC) trade together? Their weekly returns over three years give a correlation of -0.23, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IVF and SILC?
Over the past 3 years, IVF and SILC moved with a correlation of -0.23, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.04) runs above the 3-year figure (-0.23). Over 5 years the correlation is -0.09, and the annualized covariance of weekly returns is -1873.0 %².
Out of 14 assets tracked against IVF, SILC lands near the bottom at #11. The last year tells two different stories: SILC led by 290.6 percentage points, -97.5% for IVF against +193.1% for SILC. Note the risk asymmetry: IVF runs 2.7 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.
IVF vs SILC: side by side
| IVF (INVO Fertility, Inc.) | SILC (Silicom Ltd) | |
|---|---|---|
| 1-year return | -97.5% | +193.1% |
| 5-year return | -100.0% | +6.1% |
| Volatility (ann.) | 150.4% | 54.8% |
| Beta vs S&P 500 | -0.55 | 0.98 |
| Max drawdown (3Y) | -100.0% | -56.5% |
| Market cap | – | $0.3B |
| P/E (trailing) | 0.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IVF | SILC |
|---|---|---|
| 2022 | -87.3% | -18.3% |
| 2023 | -84.1% | -57.1% |
| 2024 | -40.0% | -9.9% |
| 2025 | -99.7% | -9.9% |
| 2026 | -72.6% | +224.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IVF and SILC good diversifiers for each other?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between IVF and SILC?
As of 2026-08-27, the correlation of weekly returns between IVF and SILC is -0.23 over 3 years, -0.04 over 1 year and -0.09 over 5 years.
Is SILC a good diversifier for IVF?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.23 mean?
On the −1 to +1 scale, -0.23 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/ivf-vs-silc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ivf-vs-silc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: IVF correlations · SILC correlations
