ATMU vs RVT: Correlation
How closely do Atmus Filtration Technologies Inc. (ATMU) and Royce Small-Cap Trust, Inc. (RVT) trade together? Their weekly returns over three years give a correlation of 0.62, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ATMU and RVT?
On 3 years of weekly data the ATMU/RVT correlation comes out at 0.62, strong. The link has loosened recently: the 1-year correlation (0.48) runs below the 3-year figure (0.62). The 5-year figure is n/a, and annualized covariance runs at 384.0 %².
By 3-year correlation, RVT places #5 of the 12 assets tracked against ATMU. Correlation aside, the last 12 months split them widely, with RVT ahead by 17.5 points (+9.9% versus +27.4%). Note the risk asymmetry: ATMU runs 1.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
ATMU vs RVT: side by side
| ATMU (Atmus Filtration Technologies Inc.) | RVT (Royce Small-Cap Trust, Inc.) | |
|---|---|---|
| 1-year return | +9.9% | +27.4% |
| 5-year return | n/a | +53.9% |
| Volatility (ann.) | 32.4% | 19.1% |
| Beta vs S&P 500 | 1.02 | 0.99 |
| Max drawdown (3Y) | -30.2% | -23.5% |
| Market cap | $4.0B | $2.3B |
| P/E (trailing) | 19.0 | 6.5 |
| Dividend yield | 0.45% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ATMU | RVT |
|---|---|---|
| 2022 | – | -26.3% |
| 2023 | – | +18.8% |
| 2024 | +67.3% | +17.9% |
| 2025 | +33.2% | +11.5% |
| 2026 | -5.8% | +21.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATMU and RVT good diversifiers for each other?
Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ATMU and RVT?
Using weekly returns as of 2026-08-27: 0.62 over 3 years, with 0.48 over the last year and n/a over 5 years.
Is RVT a good diversifier for ATMU?
Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.62 mean?
A reading of 0.62 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/atmu-vs-rvt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/atmu-vs-rvt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ATMU correlations · RVT correlations
