MNTS vs RVMD: Correlation
Measured on weekly returns over the past three years, Momentus Inc. (MNTS) and Revolution Medicines, Inc. (RVMD) carry a correlation of 0.50, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MNTS and RVMD?
On 3 years of weekly data the MNTS/RVMD correlation comes out at 0.50, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.65 versus 0.50 over 3 years. The 5-year figure is 0.45, and annualized covariance runs at 6697.8 %².
Few assets follow MNTS as closely as RVMD, which ranks #1 of 15 tracked partners. Correlation aside, the last 12 months split them widely, with RVMD ahead by 564.7 points (-83.3% versus +481.4%). One caveat on sizing: MNTS is 3.2 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.
MNTS vs RVMD: side by side
| MNTS (Momentus Inc.) | RVMD (Revolution Medicines, Inc.) | |
|---|---|---|
| 1-year return | -83.3% | +481.4% |
| 5-year return | -100.0% | +680.1% |
| Volatility (ann.) | 205.9% | 64.9% |
| Beta vs S&P 500 | 3.44 | 1.64 |
| Max drawdown (3Y) | -99.9% | -48.6% |
| Market cap | $0.1B | $47.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MNTS | RVMD |
|---|---|---|
| 2022 | -81.3% | -5.4% |
| 2023 | -95.6% | +20.4% |
| 2024 | -67.3% | +52.5% |
| 2025 | -96.6% | +82.1% |
| 2026 | -12.3% | +177.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MNTS and RVMD good diversifiers for each other?
Only partially. A correlation of 0.50 means MNTS and RVMD share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between MNTS and RVMD?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.65 over the last year and 0.45 over 5 years.
Is RVMD a good diversifier for MNTS?
Only partially. A correlation of 0.50 means MNTS and RVMD share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.50 mean?
On the −1 to +1 scale, 0.50 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/mnts-vs-rvmd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mnts-vs-rvmd/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MNTS correlations · RVMD correlations
