DGII vs RMT: Correlation
Digi International Inc. (DGII) and Royce Micro-Cap Trust, Inc. (RMT) show a moderate relationship: their 3-year correlation of weekly returns is 0.57.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DGII and RMT?
Across a 3-year window, the weekly returns of DGII and RMT correlate at 0.57, moderate. The relationship has been stable: the 1-year correlation (0.50) sits close to the 3-year figure. Stretching to 5 years gives 0.54, with an annualized covariance of 471.0 %².
In DGII's tracked universe of 10 assets, RMT sits right near the top at #1. Correlation aside, the last 12 months split them widely, with DGII ahead by 77.6 points (+126.0% versus +48.4%). Note the risk asymmetry: DGII runs 2.0 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.
DGII vs RMT: side by side
| DGII (Digi International Inc.) | RMT (Royce Micro-Cap Trust, Inc.) | |
|---|---|---|
| 1-year return | +126.0% | +48.4% |
| 5-year return | +253.2% | +80.1% |
| Volatility (ann.) | 40.0% | 20.5% |
| Beta vs S&P 500 | 1.26 | 1.09 |
| Max drawdown (3Y) | -35.2% | -26.4% |
| Market cap | $2.9B | $0.8B |
| P/E (trailing) | 60.5 | 8.5 |
| Dividend yield | 0.00% | 5.57% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DGII | RMT |
|---|---|---|
| 2022 | +48.8% | -16.8% |
| 2023 | -28.9% | +15.8% |
| 2024 | +16.3% | +14.0% |
| 2025 | +43.2% | +16.1% |
| 2026 | +78.9% | +39.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DGII and RMT good diversifiers for each other?
To a limited degree. At 0.57 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between DGII and RMT?
The DGII/RMT correlation stands at 0.57 on a 3-year window (1 year: 0.50, 5 years: 0.54), computed from weekly returns as of 2026-08-27.
Is RMT a good diversifier for DGII?
To a limited degree. At 0.57 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.57 mean?
On the −1 to +1 scale, 0.57 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/dgii-vs-rmt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dgii-vs-rmt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DGII correlations · RMT correlations
