ALCO vs RVT: Correlation
Alico, Inc. (ALCO) and Royce Small-Cap Trust, Inc. (RVT) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALCO and RVT?
Across a 3-year window, the weekly returns of ALCO and RVT correlate at 0.44, moderate. Recent behaviour matches the longer record: 0.43 over 1 year against 0.44 over 3. Stretching to 5 years gives 0.40, with an annualized covariance of 220.7 %².
By 3-year correlation, RVT places #4 of the 11 assets tracked against ALCO. The trailing year gives RVT the advantage: +17.7% versus +27.4%, a 9.7-point spread.
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.
ALCO vs RVT: side by side
| ALCO (Alico, Inc.) | RVT (Royce Small-Cap Trust, Inc.) | |
|---|---|---|
| 1-year return | +17.7% | +27.4% |
| 5-year return | +16.5% | +53.9% |
| Volatility (ann.) | 26.2% | 19.1% |
| Beta vs S&P 500 | 0.35 | 0.99 |
| Max drawdown (3Y) | -19.6% | -23.5% |
| Market cap | $0.3B | $2.3B |
| P/E (trailing) | 199.1 | 6.5 |
| Dividend yield | 0.49% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ALCO | RVT |
|---|---|---|
| 2022 | -32.6% | -26.3% |
| 2023 | +22.8% | +18.8% |
| 2024 | -10.2% | +17.9% |
| 2025 | +41.0% | +11.5% |
| 2026 | +9.9% | +21.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALCO and RVT good diversifiers for each other?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ALCO and RVT?
As of 2026-08-27, the correlation of weekly returns between ALCO and RVT is 0.44 over 3 years, 0.43 over 1 year and 0.40 over 5 years.
Is RVT a good diversifier for ALCO?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.44 mean?
On the −1 to +1 scale, 0.44 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/alco-vs-rvt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/alco-vs-rvt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ALCO correlations · RVT correlations
