RVLV vs UPST: Correlation
Revolve Group, Inc. (RVLV) and Upstart Holdings, Inc. (UPST) show a moderate relationship: their 3-year correlation of weekly returns is 0.56.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RVLV and UPST?
Over the past 3 years, RVLV and UPST moved with a correlation of 0.56, which is moderate. The relationship has been stable: the 1-year correlation (0.48) sits close to the 3-year figure. Over 5 years the correlation is 0.48, and the annualized covariance of weekly returns is 2739.8 %².
Few assets follow RVLV as closely as UPST, which ranks #2 of 21 tracked partners. Correlation aside, the last 12 months split them widely, with RVLV ahead by 56.3 points (+0.1% versus -56.2%). Note the risk asymmetry: UPST runs 1.7 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.
RVLV vs UPST: side by side
| RVLV (Revolve Group, Inc.) | UPST (Upstart Holdings, Inc.) | |
|---|---|---|
| 1-year return | +0.1% | -56.2% |
| 5-year return | -59.7% | -85.9% |
| Volatility (ann.) | 54.1% | 91.0% |
| Beta vs S&P 500 | 1.64 | 3.51 |
| Max drawdown (3Y) | -56.0% | -72.7% |
| Market cap | $1.6B | $3.0B |
| P/E (trailing) | 23.0 | 58.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RVLV | UPST |
|---|---|---|
| 2022 | -60.3% | -91.3% |
| 2023 | -25.5% | +209.1% |
| 2024 | +102.0% | +50.7% |
| 2025 | -9.9% | -29.0% |
| 2026 | -23.9% | -30.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RVLV and UPST good diversifiers for each other?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between RVLV and UPST?
The RVLV/UPST correlation stands at 0.56 on a 3-year window (1 year: 0.48, 5 years: 0.48), computed from weekly returns as of 2026-08-27.
Is UPST a good diversifier for RVLV?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.56 mean?
On the −1 to +1 scale, 0.56 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/rvlv-vs-upst.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rvlv-vs-upst/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RVLV correlations · UPST correlations
