PLNT vs VIVS: Correlation
Measured on weekly returns over the past three years, Planet Fitness, Inc. (PLNT) and VivoSim Labs, Inc. (VIVS) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PLNT and VIVS?
On 3 years of weekly data the PLNT/VIVS correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.28 over 1 year against -0.25 over 3. The 5-year figure is -0.10, and annualized covariance runs at -1082.7 %².
Within PLNT's tracked universe of 24 assets, VIVS comes in at #16 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months PLNT outperformed by 33.0 percentage points (-51.1% for PLNT against -84.1% for VIVS). Risk is not evenly split, since VIVS carries 2.8 times the volatility of the other side.
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.
PLNT vs VIVS: side by side
| PLNT (Planet Fitness, Inc.) | VIVS (VivoSim Labs, Inc.) | |
|---|---|---|
| 1-year return | -51.1% | -84.1% |
| 5-year return | -36.6% | -99.7% |
| Volatility (ann.) | 39.0% | 109.4% |
| Beta vs S&P 500 | 0.42 | 1.58 |
| Max drawdown (3Y) | -61.2% | -98.7% |
| Market cap | $3.9B | – |
| P/E (trailing) | 17.6 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PLNT | VIVS |
|---|---|---|
| 2022 | -13.0% | -61.2% |
| 2023 | -7.4% | -21.3% |
| 2024 | +35.4% | -58.6% |
| 2025 | +9.7% | -67.2% |
| 2026 | -52.3% | -83.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PLNT and VIVS good diversifiers for each other?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
FAQ
What is the correlation between PLNT and VIVS?
The PLNT/VIVS correlation stands at -0.25 on a 3-year window (1 year: -0.28, 5 years: -0.10), computed from weekly returns as of 2026-08-27.
Is VIVS a good diversifier for PLNT?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/plnt-vs-vivs.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/plnt-vs-vivs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PLNT correlations · VIVS correlations
