EVC vs RGR: Correlation
How closely do Entravision Communications Corporation (EVC) and Sturm, Ruger & Company, Inc. (RGR) trade together? Their weekly returns over three years give a correlation of -0.29, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EVC and RGR?
Across a 3-year window, the weekly returns of EVC and RGR correlate at -0.29, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.46 versus -0.29 over 3 years. Stretching to 5 years gives -0.15, with an annualized covariance of -701.4 %².
RGR is close to the least connected end of EVC's tracked universe, ranking #16 of 19. Correlation aside, the last 12 months split them widely, with EVC ahead by 222.8 points (+232.1% versus +9.3%). Note the risk asymmetry: EVC runs 2.8 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.
EVC vs RGR: side by side
| EVC (Entravision Communications Corporation) | RGR (Sturm, Ruger & Company, Inc.) | |
|---|---|---|
| 1-year return | +232.1% | +9.3% |
| 5-year return | +53.1% | -41.2% |
| Volatility (ann.) | 82.5% | 29.8% |
| Beta vs S&P 500 | 0.94 | 0.09 |
| Max drawdown (3Y) | -67.4% | -46.0% |
| Market cap | $0.7B | $0.6B |
| P/E (trailing) | 404.5 | 51.7 |
| Dividend yield | 2.50% | 1.15% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EVC | RGR |
|---|---|---|
| 2022 | -27.8% | -15.4% |
| 2023 | -9.2% | -8.0% |
| 2024 | -37.6% | -20.9% |
| 2025 | +35.8% | -6.1% |
| 2026 | +182.3% | +16.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EVC and RGR good diversifiers for each other?
Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between EVC and RGR?
The EVC/RGR correlation stands at -0.29 on a 3-year window (1 year: -0.46, 5 years: -0.15), computed from weekly returns as of 2026-08-27.
Is RGR a good diversifier for EVC?
Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.29 mean?
On the −1 to +1 scale, -0.29 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/evc-vs-rgr.json
Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: EVC correlations · RGR correlations
