BA vs RVT: Correlation
Boeing (BA) and Royce Small-Cap Trust, Inc. (RVT) show a moderate relationship: their 3-year correlation of weekly returns is 0.56.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BA and RVT?
Across a 3-year window, the weekly returns of BA and RVT correlate at 0.56, moderate. Recent behaviour matches the longer record: 0.61 over 1 year against 0.56 over 3. Stretching to 5 years gives 0.50, with an annualized covariance of 387.3 %².
Within BA's tracked universe of 37 assets, RVT comes in at #15 by 3-year correlation. Correlation aside, the last 12 months split them widely, with RVT ahead by 38.3 points (-10.9% versus +27.4%). Risk is not evenly split, since BA carries 1.9 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.
BA vs RVT: side by side
| BA (Boeing) | RVT (Royce Small-Cap Trust, Inc.) | |
|---|---|---|
| 1-year return | -10.9% | +27.4% |
| 5-year return | -3.6% | +53.9% |
| Volatility (ann.) | 36.4% | 19.1% |
| Beta vs S&P 500 | 1.43 | 0.99 |
| Max drawdown (3Y) | -48.3% | -23.5% |
| Market cap | $165.9B | $2.3B |
| P/E (trailing) | 76.3 | 6.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | BA | RVT |
|---|---|---|
| 2022 | -5.4% | -26.3% |
| 2023 | +36.8% | +18.8% |
| 2024 | -32.1% | +17.9% |
| 2025 | +22.7% | +11.5% |
| 2026 | -3.3% | +21.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BA and RVT good diversifiers for each other?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BA and RVT?
Using weekly returns as of 2026-08-27: 0.56 over 3 years, with 0.61 over the last year and 0.50 over 5 years.
Is RVT a good diversifier for BA?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.56 mean?
A reading of 0.56 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/ba-vs-rvt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ba-vs-rvt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BA correlations · RVT correlations
