ITT vs RBC: Correlation
How closely do ITT Inc. (ITT) and RBC Bearings Incorporated (RBC) trade together? Their weekly returns over three years give a correlation of 0.62, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ITT and RBC?
Across a 3-year window, the weekly returns of ITT and RBC correlate at 0.62, strong. Recent behaviour matches the longer record: 0.57 over 1 year against 0.62 over 3. Stretching to 5 years gives 0.63, with an annualized covariance of 452.6 %².
By 3-year correlation, RBC places #24 of the 38 assets tracked against ITT. The trailing year gives RBC the advantage: +20.8% versus +27.4%, a 6.6-point spread.
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.
ITT vs RBC: side by side
| ITT (ITT Inc.) | RBC (RBC Bearings Incorporated) | |
|---|---|---|
| 1-year return | +20.8% | +27.4% |
| 5-year return | +124.4% | +128.1% |
| Volatility (ann.) | 27.4% | 26.5% |
| Beta vs S&P 500 | 1.33 | 0.87 |
| Max drawdown (3Y) | -29.1% | -23.6% |
| Market cap | – | $16.1B |
| P/E (trailing) | 40.9 | 50.7 |
| Dividend yield | 0.70% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ITT | RBC |
|---|---|---|
| 2022 | -19.5% | +4.2% |
| 2023 | +48.9% | +36.1% |
| 2024 | +20.9% | +5.0% |
| 2025 | +22.5% | +49.9% |
| 2026 | +20.3% | +13.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ITT and RBC good diversifiers for each other?
Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ITT and RBC?
The ITT/RBC correlation stands at 0.62 on a 3-year window (1 year: 0.57, 5 years: 0.63), computed from weekly returns as of 2026-08-27.
Is RBC a good diversifier for ITT?
Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.62 mean?
On the −1 to +1 scale, 0.62 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/itt-vs-rbc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/itt-vs-rbc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ITT correlations · RBC correlations
