ACCO vs RMT: Correlation
Measured on weekly returns over the past three years, Acco Brands Corporation (ACCO) and Royce Micro-Cap Trust, Inc. (RMT) carry a correlation of 0.63, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACCO and RMT?
On 3 years of weekly data the ACCO/RMT correlation comes out at 0.63, strong. Little has changed lately, as the 1-year reading of 0.60 lands near the 3-year figure. The 5-year figure is 0.59, and annualized covariance runs at 523.1 %².
In ACCO's tracked universe of 22 assets, RMT sits right near the top at #2. The last year tells two different stories: RMT led by 30.6 percentage points, +17.8% for ACCO against +48.4% for RMT. Risk is not evenly split, since ACCO carries 2.0 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.
ACCO vs RMT: side by side
| ACCO (Acco Brands Corporation) | RMT (Royce Micro-Cap Trust, Inc.) | |
|---|---|---|
| 1-year return | +17.8% | +48.4% |
| 5-year return | -36.8% | +80.1% |
| Volatility (ann.) | 40.3% | 20.5% |
| Beta vs S&P 500 | 1.19 | 1.09 |
| Max drawdown (3Y) | -50.0% | -26.4% |
| Market cap | $0.4B | $0.8B |
| P/E (trailing) | 6.8 | 8.5 |
| Dividend yield | 7.16% | 5.57% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACCO | RMT |
|---|---|---|
| 2022 | -29.2% | -16.8% |
| 2023 | +15.3% | +15.8% |
| 2024 | -8.7% | +14.0% |
| 2025 | -23.1% | +16.1% |
| 2026 | +22.5% | +39.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACCO and RMT good diversifiers for each other?
To a limited degree. At 0.63 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between ACCO and RMT?
The ACCO/RMT correlation stands at 0.63 on a 3-year window (1 year: 0.60, 5 years: 0.59), computed from weekly returns as of 2026-08-27.
Is RMT a good diversifier for ACCO?
To a limited degree. At 0.63 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.63 mean?
A reading of 0.63 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/acco-vs-rmt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/acco-vs-rmt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ACCO correlations · RMT correlations
