MMM vs RVSN: Correlation
3M (MMM) and Rail Vision Ltd. (RVSN) show a negative relationship: their 3-year correlation of weekly returns is -0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MMM and RVSN?
Across a 3-year window, the weekly returns of MMM and RVSN correlate at -0.23, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.31 over 1 year against -0.23 over 3. Stretching to 5 years gives -0.15, with an annualized covariance of -2520.6 %².
Out of 34 assets tracked against MMM, RVSN lands near the bottom at #31. Correlation aside, the last 12 months split them widely, with MMM ahead by 115.1 points (+16.4% versus -98.7%). One caveat on sizing: RVSN is 12.5 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.
MMM vs RVSN: side by side
| MMM (3M) | RVSN (Rail Vision Ltd.) | |
|---|---|---|
| 1-year return | +16.4% | -98.7% |
| 5-year return | +29.9% | -100.0% |
| Volatility (ann.) | 29.8% | 373.5% |
| Beta vs S&P 500 | 0.89 | 1.92 |
| Max drawdown (3Y) | -20.7% | -100.0% |
| Market cap | $92.2B | – |
| P/E (trailing) | 31.9 | – |
| Dividend yield | 1.68% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | MMM | RVSN |
|---|---|---|
| 2022 | -29.6% | – |
| 2023 | -3.3% | -83.3% |
| 2024 | +46.1% | +38.5% |
| 2025 | +26.4% | -84.6% |
| 2026 | +13.3% | -98.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MMM and RVSN 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 MMM and RVSN?
Using weekly returns as of 2026-08-27: -0.23 over 3 years, with -0.31 over the last year and -0.15 over 5 years.
Is RVSN a good diversifier for MMM?
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?
A reading of -0.23 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/mmm-vs-rvsn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mmm-vs-rvsn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MMM correlations · RVSN correlations
