RVTY vs VTRS: Correlation
Revvity (RVTY) and Viatris (VTRS) show a moderate relationship: their 3-year correlation of weekly returns is 0.38.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RVTY and VTRS?
On 3 years of weekly data the RVTY/VTRS correlation comes out at 0.38, moderate. The relationship has been stable: the 1-year correlation (0.43) sits close to the 3-year figure. The 5-year figure is 0.38, and annualized covariance runs at 432.6 %².
Within RVTY's tracked universe of 39 assets, VTRS comes in at #26 by 3-year correlation. The last year tells two different stories: VTRS led by 21.0 percentage points, +46.8% for RVTY against +67.8% for VTRS. The rolling one-year correlation moved between 0.11 and 0.55 over the past three years, a moderate range.
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.
RVTY vs VTRS: side by side
| RVTY (Revvity) | VTRS (Viatris) | |
|---|---|---|
| 1-year return | +46.8% | +67.8% |
| 5-year return | -30.2% | +44.6% |
| Volatility (ann.) | 34.2% | 32.8% |
| Beta vs S&P 500 | 0.81 | 0.79 |
| Max drawdown (3Y) | -35.3% | -45.0% |
| Market cap | $14.5B | $19.4B |
| P/E (trailing) | 62.4 | – |
| Dividend yield | 0.22% | 2.85% |
| Sector / category | Health Care | Health Care |
Year-by-year returns
| Year | RVTY | VTRS |
|---|---|---|
| 2022 | -30.1% | -14.3% |
| 2023 | -21.9% | +2.1% |
| 2024 | +2.4% | +19.7% |
| 2025 | -13.1% | +5.1% |
| 2026 | +34.3% | +38.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RVTY and VTRS good diversifiers for each other?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between RVTY and VTRS?
The RVTY/VTRS correlation stands at 0.38 on a 3-year window (1 year: 0.43, 5 years: 0.38), computed from weekly returns as of 2026-08-27.
Is VTRS a good diversifier for RVTY?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.38 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/rvty-vs-vtrs.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/rvty-vs-vtrs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RVTY correlations · VTRS correlations
