DCTH vs RMT: Correlation
Delcath Systems, Inc. (DCTH) and Royce Micro-Cap Trust, Inc. (RMT) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DCTH and RMT?
Over the past 3 years, DCTH and RMT moved with a correlation of 0.40, which is moderate. The relationship has been stable: the 1-year correlation (0.44) sits close to the 3-year figure. Over 5 years the correlation is 0.28, and the annualized covariance of weekly returns is 541.6 %².
RMT is one of the assets that tracks DCTH most closely: it ranks #2 out of the 10 assets we track against DCTH. Twelve-month performance is nearly a tie, at +49.8% for DCTH and +48.4% for RMT. Risk is not evenly split, since DCTH carries 3.2 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.
DCTH vs RMT: side by side
| DCTH (Delcath Systems, Inc.) | RMT (Royce Micro-Cap Trust, Inc.) | |
|---|---|---|
| 1-year return | +49.8% | +48.4% |
| 5-year return | +80.7% | +80.1% |
| Volatility (ann.) | 65.8% | 20.5% |
| Beta vs S&P 500 | 1.51 | 1.09 |
| Max drawdown (3Y) | -54.8% | -26.4% |
| Market cap | $0.6B | $0.8B |
| P/E (trailing) | 1639.0 | 8.5 |
| Dividend yield | 0.00% | 5.57% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DCTH | RMT |
|---|---|---|
| 2022 | -53.5% | -16.8% |
| 2023 | +15.6% | +15.8% |
| 2024 | +189.4% | +14.0% |
| 2025 | -16.1% | +16.1% |
| 2026 | +62.3% | +39.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DCTH and RMT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DCTH and RMT?
As of 2026-08-27, the correlation of weekly returns between DCTH and RMT is 0.40 over 3 years, 0.44 over 1 year and 0.28 over 5 years.
Is RMT a good diversifier for DCTH?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.40 mean?
On the −1 to +1 scale, 0.40 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.
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Related comparisons
Hubs: DCTH correlations · RMT correlations
