GILT vs RGT: Correlation
Gilat Satellite Networks Ltd. (GILT) and Royce Global Trust, Inc. (RGT) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GILT and RGT?
On 3 years of weekly data the GILT/RGT correlation comes out at 0.46, moderate. Little has changed lately, as the 1-year reading of 0.51 lands near the 3-year figure. The 5-year figure is 0.44, and annualized covariance runs at 395.0 %².
Among the 13 assets we track against GILT, RGT ranks #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with RGT ahead by 18.6 points (+5.5% versus +24.1%). Risk is not evenly split, since GILT carries 3.0 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.
GILT vs RGT: side by side
| GILT (Gilat Satellite Networks Ltd.) | RGT (Royce Global Trust, Inc.) | |
|---|---|---|
| 1-year return | +5.5% | +24.1% |
| 5-year return | +4.3% | +25.5% |
| Volatility (ann.) | 50.6% | 17.0% |
| Beta vs S&P 500 | 1.53 | 0.91 |
| Max drawdown (3Y) | -52.3% | -19.0% |
| Market cap | $0.8B | $0.1B |
| P/E (trailing) | 23.0 | 5.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GILT | RGT |
|---|---|---|
| 2022 | -18.0% | -33.1% |
| 2023 | +5.3% | +14.6% |
| 2024 | +0.7% | +14.4% |
| 2025 | +110.4% | +24.1% |
| 2026 | -19.9% | +18.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GILT and RGT good diversifiers for each other?
Reasonably. At 0.46, GILT and RGT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between GILT and RGT?
Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.51 over the last year and 0.44 over 5 years.
Is RGT a good diversifier for GILT?
Reasonably. At 0.46, GILT and RGT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.46 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/gilt-vs-rgt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/gilt-vs-rgt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GILT correlations · RGT correlations
