GM vs RCL: Correlation
General Motors (GM) and Royal Caribbean Group (RCL) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GM and RCL?
On 3 years of weekly data the GM/RCL correlation comes out at 0.43, moderate. Little has changed lately, as the 1-year reading of 0.47 lands near the 3-year figure. The 5-year figure is 0.53, and annualized covariance runs at 567.4 %².
Within GM's tracked universe of 35 assets, RCL comes in at #19 by 3-year correlation. The last year tells two different stories: GM led by 67.3 percentage points, +48.0% for GM against -19.3% for RCL. On a rolling one-year basis the correlation drifted between 0.25 and 0.71, a moderate band.
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.
GM vs RCL: side by side
| GM (General Motors) | RCL (Royal Caribbean Group) | |
|---|---|---|
| 1-year return | +48.0% | -19.3% |
| 5-year return | +82.5% | +257.6% |
| Volatility (ann.) | 32.2% | 41.3% |
| Beta vs S&P 500 | 0.98 | 1.46 |
| Max drawdown (3Y) | -29.1% | -35.0% |
| Market cap | $77.9B | $76.2B |
| P/E (trailing) | 38.6 | 17.9 |
| Dividend yield | 0.76% | 1.72% |
| Sector / category | Consumer Discretionary | Consumer Discretionary |
Year-by-year returns
| Year | GM | RCL |
|---|---|---|
| 2022 | -42.4% | -35.7% |
| 2023 | +7.9% | +162.0% |
| 2024 | +49.8% | +79.0% |
| 2025 | +54.2% | +22.5% |
| 2026 | +6.5% | +3.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GM and RCL good diversifiers for each other?
Reasonably. At 0.43, GM and RCL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between GM and RCL?
As of 2026-08-27, the correlation of weekly returns between GM and RCL is 0.43 over 3 years, 0.47 over 1 year and 0.53 over 5 years.
Is RCL a good diversifier for GM?
Reasonably. At 0.43, GM and RCL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 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/gm-vs-rcl.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gm-vs-rcl/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GM correlations · RCL correlations
