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REVB vs SBET: Correlation

How closely do Revelation Biosciences, Inc. (REVB) and Sharplink, Inc. (SBET) trade together? Their weekly returns over three years give a correlation of -0.31, which is negative.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.31
negative
Correlation (1Y)
0.26
last 12 months
Correlation (5Y)
-0.20
long-run
Ann. covariance
-21447.5
%² · weekly, annualized

How correlated are REVB and SBET?

Over the past 3 years, REVB and SBET moved with a correlation of -0.31, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.26) than the 3-year average (-0.31). Over 5 years the correlation is -0.20, and the annualized covariance of weekly returns is -21447.5 %².

Among the 10 assets we track against REVB, SBET sits near the bottom by co-movement, at rank #10. Their recent paths diverged sharply: over the last 12 months SBET outperformed by 36.7 percentage points (-90.6% for REVB against -53.9% for SBET). Note the risk asymmetry: SBET runs 5.4 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.

REVB vs SBET: side by side

REVB (Revelation Biosciences, Inc.)SBET (Sharplink, Inc.)
1-year return-90.6%-53.9%
5-year return-100.0%-98.8%
Volatility (ann.)113.3%616.8%
Beta vs S&P 5000.653.10
Max drawdown (3Y)-100.0%-94.2%
Market cap$1.9B
P/E (trailing)0.0
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: SBET -94.2% vs -100.0%Higher 5y return: SBET -98.8% vs -100.0%
-92%0%+22%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. REVB · SBET

Year-by-year returns

YearREVBSBET
2022-98.1%-88.3%
2023-92.5%-51.6%
2024-96.9%-57.3%
2025-96.4%+16.4%
2026-67.8%-0.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are REVB and SBET good diversifiers for each other?

Yes. With a correlation of -0.31, REVB and SBET have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

FAQ

What is the correlation between REVB and SBET?

The REVB/SBET correlation stands at -0.31 on a 3-year window (1 year: 0.26, 5 years: -0.20), computed from weekly returns as of 2026-08-27.

Is SBET a good diversifier for REVB?

Yes. With a correlation of -0.31, REVB and SBET have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

What does a correlation of -0.31 mean?

A reading of -0.31 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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REVB vs SBET: 3-year weekly correlation -0.31REVB vs SBET-0.31

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Hubs: REVB correlations · SBET correlations