CCI vs RCI: Correlation
How closely do Crown Castle (CCI) and Rogers Communication, Inc. (RCI) trade together? Their weekly returns over three years give a correlation of 0.41, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CCI and RCI?
Over the past 3 years, CCI and RCI moved with a correlation of 0.41, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.29 versus 0.41 over 3 years. Over 5 years the correlation is 0.42, and the annualized covariance of weekly returns is 286.2 %².
Within CCI's tracked universe of 30 assets, RCI comes in at #18 by 3-year correlation. The last year tells two different stories: RCI led by 26.3 percentage points, -21.5% for CCI against +4.8% for RCI.
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.
CCI vs RCI: side by side
| CCI (Crown Castle) | RCI (Rogers Communication, Inc.) | |
|---|---|---|
| 1-year return | -21.5% | +4.8% |
| 5-year return | -50.4% | -14.6% |
| Volatility (ann.) | 28.4% | 24.8% |
| Beta vs S&P 500 | 0.22 | 0.25 |
| Max drawdown (3Y) | -33.0% | -48.2% |
| Market cap | $32.8B | $19.7B |
| P/E (trailing) | 30.9 | 4.5 |
| Dividend yield | 5.63% | 5.42% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | CCI | RCI |
|---|---|---|
| 2022 | -32.6% | +1.6% |
| 2023 | -10.2% | +3.4% |
| 2024 | -16.4% | -31.9% |
| 2025 | +3.0% | +27.3% |
| 2026 | -13.5% | -1.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CCI and RCI good diversifiers for each other?
Reasonably. At 0.41, CCI and RCI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CCI and RCI?
As of 2026-08-27, the correlation of weekly returns between CCI and RCI is 0.41 over 3 years, 0.29 over 1 year and 0.42 over 5 years.
Is RCI a good diversifier for CCI?
Reasonably. At 0.41, CCI and RCI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cci-vs-rci.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cci-vs-rci/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CCI correlations · RCI correlations
