DCTH vs RVT: Correlation
How closely do Delcath Systems, Inc. (DCTH) and Royce Small-Cap Trust, Inc. (RVT) trade together? Their weekly returns over three years give a correlation of 0.39, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DCTH and RVT?
On 3 years of weekly data the DCTH/RVT correlation comes out at 0.39, moderate. Recent behaviour matches the longer record: 0.41 over 1 year against 0.39 over 3. The 5-year figure is 0.26, and annualized covariance runs at 490.5 %².
Within DCTH's tracked universe of 10 assets, RVT comes in at #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with DCTH ahead by 22.4 points (+49.8% versus +27.4%). Risk is not evenly split, since DCTH carries 3.4 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 RVT: side by side
| DCTH (Delcath Systems, Inc.) | RVT (Royce Small-Cap Trust, Inc.) | |
|---|---|---|
| 1-year return | +49.8% | +27.4% |
| 5-year return | +80.7% | +53.9% |
| Volatility (ann.) | 65.8% | 19.1% |
| Beta vs S&P 500 | 1.51 | 0.99 |
| Max drawdown (3Y) | -54.8% | -23.5% |
| Market cap | $0.6B | $2.3B |
| P/E (trailing) | 1639.0 | 6.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DCTH | RVT |
|---|---|---|
| 2022 | -53.5% | -26.3% |
| 2023 | +15.6% | +18.8% |
| 2024 | +189.4% | +17.9% |
| 2025 | -16.1% | +11.5% |
| 2026 | +62.3% | +21.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DCTH and RVT good diversifiers for each other?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DCTH and RVT?
Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.41 over the last year and 0.26 over 5 years.
Is RVT a good diversifier for DCTH?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.39 mean?
On the −1 to +1 scale, 0.39 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/dcth-vs-rvt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dcth-vs-rvt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DCTH correlations · RVT correlations
