FIEE vs RCS: Correlation
Measured on weekly returns over the past three years, FiEE, Inc (FIEE) and PIMCO Strategic Income Fund, Inc. (RCS) carry a correlation of -0.23, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FIEE and RCS?
Across a 3-year window, the weekly returns of FIEE and RCS correlate at -0.23, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.10) runs above the 3-year figure (-0.23). Stretching to 5 years gives -0.15, with an annualized covariance of -1710.3 %².
Out of 12 assets tracked against FIEE, RCS lands near the bottom at #10. The last year tells two different stories: FIEE led by 65.9 percentage points, +45.1% for FIEE against -20.8% for RCS. One caveat on sizing: FIEE is 10.3 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.
FIEE vs RCS: side by side
| FIEE (FiEE, Inc) | RCS (PIMCO Strategic Income Fund, Inc.) | |
|---|---|---|
| 1-year return | +45.1% | -20.8% |
| 5-year return | -92.3% | +5.4% |
| Volatility (ann.) | 279.4% | 27.0% |
| Beta vs S&P 500 | 0.29 | 0.77 |
| Max drawdown (3Y) | -98.1% | -32.9% |
| Market cap | – | $0.2B |
| P/E (trailing) | 9.0 | 6.9 |
| Dividend yield | 0.00% | 9.11% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FIEE | RCS |
|---|---|---|
| 2022 | -84.8% | -19.5% |
| 2023 | -58.5% | +37.6% |
| 2024 | -88.8% | +37.5% |
| 2025 | +1359.1% | -21.5% |
| 2026 | +28.8% | +0.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FIEE and RCS good diversifiers for each other?
Yes. With a correlation of -0.23, FIEE and RCS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between FIEE and RCS?
The FIEE/RCS correlation stands at -0.23 on a 3-year window (1 year: -0.10, 5 years: -0.15), computed from weekly returns as of 2026-08-27.
Is RCS a good diversifier for FIEE?
Yes. With a correlation of -0.23, FIEE and RCS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.23 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
$ curl https://www.pairbook.io/api/v1/pairs/fiee-vs-rcs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fiee-vs-rcs/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FIEE correlations · RCS correlations
