RVTY vs WMB: Correlation
Revvity (RVTY) and Williams Companies (WMB) show a negative relationship: their 3-year correlation of weekly returns is -0.16.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RVTY and WMB?
Over the past 3 years, RVTY and WMB moved with a correlation of -0.16, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.26) sits close to the 3-year figure. Over 5 years the correlation is -0.01, and the annualized covariance of weekly returns is -129.3 %².
Among the 39 assets we track against RVTY, WMB ranks #34 by 3-year correlation. The trailing year gives RVTY the advantage: +46.8% versus +33.1%, a 13.7-point spread. Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from -0.42 to 0.52.
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 WMB: side by side
| RVTY (Revvity) | WMB (Williams Companies) | |
|---|---|---|
| 1-year return | +46.8% | +33.1% |
| 5-year return | -30.2% | +279.9% |
| Volatility (ann.) | 34.2% | 24.0% |
| Beta vs S&P 500 | 0.81 | 0.34 |
| Max drawdown (3Y) | -35.3% | -12.4% |
| Market cap | $14.5B | $90.7B |
| P/E (trailing) | 62.4 | 29.7 |
| Dividend yield | 0.22% | 2.76% |
| Sector / category | Health Care | Energy |
Year-by-year returns
| Year | RVTY | WMB |
|---|---|---|
| 2022 | -30.1% | +32.8% |
| 2023 | -21.9% | +11.9% |
| 2024 | +2.4% | +62.3% |
| 2025 | -13.1% | +14.9% |
| 2026 | +34.3% | +25.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RVTY and WMB good diversifiers for each other?
By historical standards, yes. A correlation of -0.16 means the two rarely move for the same reasons.
FAQ
What is the correlation between RVTY and WMB?
Using weekly returns as of 2026-08-27: -0.16 over 3 years, with -0.26 over the last year and -0.01 over 5 years.
Is WMB a good diversifier for RVTY?
By historical standards, yes. A correlation of -0.16 means the two rarely move for the same reasons.
What does a correlation of -0.16 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.
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Related comparisons
Hubs: RVTY correlations · WMB correlations
