SVC vs TVGN: Correlation
Measured on weekly returns over the past three years, Service Properties Trust (SVC) and Tevogen Inc. (TVGN) carry a correlation of -0.23, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SVC and TVGN?
On 3 years of weekly data the SVC/TVGN correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.02 versus -0.23 over 3 years. The 5-year figure is -0.18, and annualized covariance runs at -2931.8 %².
TVGN is close to the least connected end of SVC's tracked universe, ranking #8 of 10. Correlation aside, the last 12 months split them widely, with SVC ahead by 42.5 points (-42.8% versus -85.3%). One caveat on sizing: TVGN is 4.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
SVC vs TVGN: side by side
| SVC (Service Properties Trust) | TVGN (Tevogen Inc.) | |
|---|---|---|
| 1-year return | -42.8% | -85.3% |
| 5-year return | -82.5% | -98.6% |
| Volatility (ann.) | 51.8% | 242.2% |
| Beta vs S&P 500 | 1.12 | 0.66 |
| Max drawdown (3Y) | -84.7% | -99.3% |
| Market cap | $1.0B | – |
| P/E (trailing) | – | – |
| Dividend yield | 2.55% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SVC | TVGN |
|---|---|---|
| 2022 | -14.5% | – |
| 2023 | +29.1% | +7.7% |
| 2024 | -67.3% | -90.7% |
| 2025 | -26.3% | -67.9% |
| 2026 | -15.5% | -59.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SVC and TVGN good diversifiers for each other?
Yes. With a correlation of -0.23, SVC and TVGN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between SVC and TVGN?
The SVC/TVGN correlation stands at -0.23 on a 3-year window (1 year: 0.02, 5 years: -0.18), computed from weekly returns as of 2026-08-27.
Is TVGN a good diversifier for SVC?
Yes. With a correlation of -0.23, SVC and TVGN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.23 mean?
On the −1 to +1 scale, -0.23 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/svc-vs-tvgn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/svc-vs-tvgn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: SVC correlations · TVGN correlations
