RGEN vs RVTY: Correlation
How closely do Repligen Corporation (RGEN) and Revvity (RVTY) trade together? Their weekly returns over three years give a correlation of 0.54, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RGEN and RVTY?
Across a 3-year window, the weekly returns of RGEN and RVTY correlate at 0.54, moderate. The link has tightened recently: the 1-year correlation (0.71) runs above the 3-year figure (0.54). Stretching to 5 years gives 0.57, with an annualized covariance of 922.6 %².
By 3-year correlation, RVTY places #9 of the 17 assets tracked against RGEN. On 12-month performance RGEN holds a 6.3-point edge, +53.1% against +46.8%.
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.
RGEN vs RVTY: side by side
| RGEN (Repligen Corporation) | RVTY (Revvity) | |
|---|---|---|
| 1-year return | +53.1% | +46.8% |
| 5-year return | -35.6% | -30.2% |
| Volatility (ann.) | 49.5% | 34.2% |
| Beta vs S&P 500 | 1.35 | 0.81 |
| Max drawdown (3Y) | -50.6% | -35.3% |
| Market cap | $10.3B | $14.5B |
| P/E (trailing) | 252.8 | 62.4 |
| Dividend yield | 0.00% | 0.22% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | RGEN | RVTY |
|---|---|---|
| 2022 | -36.1% | -30.1% |
| 2023 | +6.2% | -21.9% |
| 2024 | -19.9% | +2.4% |
| 2025 | +13.8% | -13.1% |
| 2026 | +11.1% | +34.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RGEN and RVTY good diversifiers for each other?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between RGEN and RVTY?
As of 2026-08-27, the correlation of weekly returns between RGEN and RVTY is 0.54 over 3 years, 0.71 over 1 year and 0.57 over 5 years.
Is RVTY a good diversifier for RGEN?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.54 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/rgen-vs-rvty.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rgen-vs-rvty/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RGEN correlations · RVTY correlations
