GNRC vs RVT: Correlation
How closely do Generac (GNRC) and Royce Small-Cap Trust, Inc. (RVT) trade together? Their weekly returns over three years give a correlation of 0.55, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GNRC and RVT?
Over the past 3 years, GNRC and RVT moved with a correlation of 0.55, which is moderate. Little has changed lately, as the 1-year reading of 0.51 lands near the 3-year figure. Over 5 years the correlation is 0.53, and the annualized covariance of weekly returns is 486.3 %².
Within GNRC's tracked universe of 35 assets, RVT comes in at #5 by 3-year correlation. The last year tells two different stories: RVT led by 21.9 percentage points, +5.5% for GNRC against +27.4% for RVT. Risk is not evenly split, since GNRC carries 2.4 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.
GNRC vs RVT: side by side
| GNRC (Generac) | RVT (Royce Small-Cap Trust, Inc.) | |
|---|---|---|
| 1-year return | +5.5% | +27.4% |
| 5-year return | -55.4% | +53.9% |
| Volatility (ann.) | 46.1% | 19.1% |
| Beta vs S&P 500 | 1.35 | 0.99 |
| Max drawdown (3Y) | -47.8% | -23.5% |
| Market cap | $11.6B | $2.3B |
| P/E (trailing) | 47.4 | 6.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | GNRC | RVT |
|---|---|---|
| 2022 | -71.4% | -26.3% |
| 2023 | +28.4% | +18.8% |
| 2024 | +20.0% | +17.9% |
| 2025 | -12.0% | +11.5% |
| 2026 | +44.7% | +21.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GNRC and RVT good diversifiers for each other?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between GNRC and RVT?
Using weekly returns as of 2026-08-27: 0.55 over 3 years, with 0.51 over the last year and 0.53 over 5 years.
Is RVT a good diversifier for GNRC?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.55 mean?
On the −1 to +1 scale, 0.55 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/gnrc-vs-rvt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gnrc-vs-rvt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GNRC correlations · RVT correlations
