BKE vs RVT: Correlation
How closely do Buckle, Inc. (The) (BKE) and Royce Small-Cap Trust, Inc. (RVT) trade together? Their weekly returns over three years give a correlation of 0.58, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BKE and RVT?
Across a 3-year window, the weekly returns of BKE and RVT correlate at 0.58, moderate. The relationship has been stable: the 1-year correlation (0.58) sits close to the 3-year figure. Stretching to 5 years gives 0.55, with an annualized covariance of 346.4 %².
Within BKE's tracked universe of 21 assets, RVT comes in at #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months RVT outperformed by 45.3 percentage points (-17.9% for BKE against +27.4% for RVT). Note the risk asymmetry: BKE runs 1.6 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.
BKE vs RVT: side by side
| BKE (Buckle, Inc. (The)) | RVT (Royce Small-Cap Trust, Inc.) | |
|---|---|---|
| 1-year return | -17.9% | +27.4% |
| 5-year return | +83.6% | +53.9% |
| Volatility (ann.) | 31.1% | 19.1% |
| Beta vs S&P 500 | 0.85 | 0.99 |
| Max drawdown (3Y) | -33.9% | -23.5% |
| Market cap | $2.2B | $2.3B |
| P/E (trailing) | 10.2 | 6.5 |
| Dividend yield | 1.58% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BKE | RVT |
|---|---|---|
| 2022 | +10.9% | -26.3% |
| 2023 | +15.0% | +18.8% |
| 2024 | +17.5% | +17.9% |
| 2025 | +14.0% | +11.5% |
| 2026 | -13.2% | +21.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BKE and RVT good diversifiers for each other?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BKE and RVT?
As of 2026-08-27, the correlation of weekly returns between BKE and RVT is 0.58 over 3 years, 0.58 over 1 year and 0.55 over 5 years.
Is RVT a good diversifier for BKE?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.58 mean?
On the −1 to +1 scale, 0.58 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/bke-vs-rvt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bke-vs-rvt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BKE correlations · RVT correlations
