PairBook
HomeCINT › CINT vs RWAY

CINT vs RWAY: Correlation

Measured on weekly returns over the past three years, CI&T Inc Class A (CINT) and Runway Growth Finance Corp. (RWAY) carry a correlation of 0.38, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.38
moderate
Correlation (1Y)
0.30
last 12 months
Correlation (5Y)
0.24
long-run
Ann. covariance
559.3
%² · weekly, annualized

How correlated are CINT and RWAY?

On 3 years of weekly data the CINT/RWAY correlation comes out at 0.38, moderate. The relationship has been stable: the 1-year correlation (0.30) sits close to the 3-year figure. The 5-year figure is 0.24, and annualized covariance runs at 559.3 %².

In CINT's tracked universe of 12 assets, RWAY sits right near the top at #2. On 12-month performance RWAY holds a 8.9-point edge, -36.1% against -27.2%. One caveat on sizing: CINT is 1.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

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.

CINT vs RWAY: side by side

CINT (CI&T Inc Class A)RWAY (Runway Growth Finance Corp.)
1-year return-36.1%-27.2%
5-year return-81.0%+2.3%
Volatility (ann.)49.9%29.4%
Beta vs S&P 5000.920.69
Max drawdown (3Y)-60.2%-45.3%
Market cap$0.4B$0.3B
P/E (trailing)12.327.4
Dividend yield0.00%20.21%
Sector / categoryUS ListedUS Listed
Lower P/E: CINT 12.3 vs 27.4Higher yield: RWAY 20.21% vs 0.00%Smaller drawdown: RWAY -45.3% vs -60.2%Higher 5y return: RWAY +2.3% vs -81.0%
-44%0%+5%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). CINT · RWAY

Year-by-year returns

YearCINTRWAY
2022-45.3%-0.6%
2023-19.1%+25.7%
2024+15.4%+1.7%
2025-32.9%-6.6%
2026-15.2%-15.0%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are CINT and RWAY good diversifiers for each other?

Reasonably. At 0.38, CINT and RWAY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between CINT and RWAY?

The CINT/RWAY correlation stands at 0.38 on a 3-year window (1 year: 0.30, 5 years: 0.24), computed from weekly returns as of 2026-08-27.

Is RWAY a good diversifier for CINT?

Reasonably. At 0.38, CINT and RWAY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.38 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/cint-vs-rway.json

CINT vs RWAY: 3-year weekly correlation 0.38CINT vs RWAY0.38

Embed this badge (it refreshes with the data), with attribution:

[![CINT vs RWAY correlation](https://www.pairbook.io/api/v1/badge/cint-vs-rway.svg)](https://www.pairbook.io/pair/cint-vs-rway/)

Free with attribution; caching and terms are described in the API documentation.

Related comparisons

Hubs: CINT correlations · RWAY correlations