BELFB vs RVT: Correlation
Measured on weekly returns over the past three years, Bel Fuse Inc. (BELFB) and Royce Small-Cap Trust, Inc. (RVT) carry a correlation of 0.57, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BELFB and RVT?
On 3 years of weekly data the BELFB/RVT correlation comes out at 0.57, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.69 versus 0.57 over 3 years. The 5-year figure is 0.53, and annualized covariance runs at 531.4 %².
RVT is one of the assets that tracks BELFB most closely: it ranks #2 out of the 14 assets we track against BELFB. Their recent paths diverged sharply: over the last 12 months BELFB outperformed by 56.3 percentage points (+83.7% for BELFB against +27.4% for RVT). Risk is not evenly split, since BELFB carries 2.6 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.
BELFB vs RVT: side by side
| BELFB (Bel Fuse Inc.) | RVT (Royce Small-Cap Trust, Inc.) | |
|---|---|---|
| 1-year return | +83.7% | +27.4% |
| 5-year return | +1827.0% | +53.9% |
| Volatility (ann.) | 49.1% | 19.1% |
| Beta vs S&P 500 | 1.30 | 0.99 |
| Max drawdown (3Y) | -33.4% | -23.5% |
| Market cap | $3.7B | $2.3B |
| P/E (trailing) | 65.2 | 6.5 |
| Dividend yield | 0.09% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BELFB | RVT |
|---|---|---|
| 2022 | +158.7% | -26.3% |
| 2023 | +104.2% | +18.8% |
| 2024 | +24.0% | +17.9% |
| 2025 | +106.3% | +11.5% |
| 2026 | +52.0% | +21.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BELFB and RVT good diversifiers for each other?
Somewhat, no more. With 0.57 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BELFB and RVT?
As of 2026-08-27, the correlation of weekly returns between BELFB and RVT is 0.57 over 3 years, 0.69 over 1 year and 0.53 over 5 years.
Is RVT a good diversifier for BELFB?
Somewhat, no more. With 0.57 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.57 mean?
A reading of 0.57 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/belfb-vs-rvt.json
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Related comparisons
Hubs: BELFB correlations · RVT correlations
