RVSB vs WGS: Correlation
How closely do Riverview Bancorp Inc (RVSB) and GeneDx Holdings Corp. (WGS) trade together? Their weekly returns over three years give a correlation of -0.23, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RVSB and WGS?
On 3 years of weekly data the RVSB/WGS correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.21 lands near the 3-year figure. The 5-year figure is -0.05, and annualized covariance runs at -659.7 %².
WGS is close to the least connected end of RVSB's tracked universe, ranking #11 of 12. Their recent paths diverged sharply: over the last 12 months RVSB outperformed by 34.0 percentage points (+3.1% for RVSB against -30.9% for WGS). Risk is not evenly split, since WGS carries 4.4 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.
RVSB vs WGS: side by side
| RVSB (Riverview Bancorp Inc) | WGS (GeneDx Holdings Corp.) | |
|---|---|---|
| 1-year return | +3.1% | -30.9% |
| 5-year return | -17.9% | -69.2% |
| Volatility (ann.) | 25.6% | 113.8% |
| Beta vs S&P 500 | 0.17 | 1.13 |
| Max drawdown (3Y) | -42.5% | -79.4% |
| Market cap | $0.1B | $2.7B |
| P/E (trailing) | – | – |
| Dividend yield | 1.55% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RVSB | WGS |
|---|---|---|
| 2022 | +3.2% | -94.1% |
| 2023 | -13.1% | -68.4% |
| 2024 | -7.4% | +2694.9% |
| 2025 | -11.3% | +69.2% |
| 2026 | +4.4% | -31.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RVSB and WGS good diversifiers for each other?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between RVSB and WGS?
As of 2026-08-27, the correlation of weekly returns between RVSB and WGS is -0.23 over 3 years, -0.21 over 1 year and -0.05 over 5 years.
Is WGS a good diversifier for RVSB?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.23 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/rvsb-vs-wgs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rvsb-vs-wgs/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: RVSB correlations · WGS correlations
