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RVLV vs SG: Correlation

Revolve Group, Inc. (RVLV) and Sweetgreen, Inc. (SG) show a moderate relationship: their 3-year correlation of weekly returns is 0.49.

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

Correlation (3Y)
0.49
moderate
Correlation (1Y)
0.39
last 12 months
Correlation (5Y)
0.44
long-run
Ann. covariance
2110.4
%² · weekly, annualized

How correlated are RVLV and SG?

On 3 years of weekly data the RVLV/SG correlation comes out at 0.49, moderate. The relationship has been stable: the 1-year correlation (0.39) sits close to the 3-year figure. The 5-year figure is 0.44, and annualized covariance runs at 2110.4 %².

By 3-year correlation, SG places #8 of the 21 assets tracked against RVLV. The last year tells two different stories: RVLV led by 25.0 percentage points, +0.1% for RVLV against -24.9% for SG.

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.

RVLV vs SG: side by side

RVLV (Revolve Group, Inc.)SG (Sweetgreen, Inc.)
1-year return+0.1%-24.9%
5-year return-59.7%-86.3%
Volatility (ann.)54.1%79.8%
Beta vs S&P 5001.641.83
Max drawdown (3Y)-56.0%-89.3%
Market cap$1.6B$0.8B
P/E (trailing)23.075.4
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: RVLV 23.0 vs 75.4Smaller drawdown: RVLV -56.0% vs -89.3%Higher 5y return: RVLV -59.7% vs -86.3%
-47%0%+29%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). RVLV · SG

Year-by-year returns

YearRVLVSG
2022-60.3%-73.2%
2023-25.5%+31.9%
2024+102.0%+183.7%
2025-9.9%-78.9%
2026-23.9%+0.4%

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

Are RVLV and SG good diversifiers for each other?

Reasonably. At 0.49, RVLV and SG keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between RVLV and SG?

As of 2026-08-27, the correlation of weekly returns between RVLV and SG is 0.49 over 3 years, 0.39 over 1 year and 0.44 over 5 years.

Is SG a good diversifier for RVLV?

Reasonably. At 0.49, RVLV and SG keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.49 mean?

On the −1 to +1 scale, 0.49 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

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RVLV vs SG: 3-year weekly correlation 0.49RVLV vs SG0.49

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Related comparisons

Hubs: RVLV correlations · SG correlations