KE vs RVT: Correlation
Measured on weekly returns over the past three years, Kimball Electronics, Inc. (KE) and Royce Small-Cap Trust, Inc. (RVT) carry a correlation of 0.55, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KE and RVT?
Across a 3-year window, the weekly returns of KE and RVT correlate at 0.55, moderate. The relationship has been stable: the 1-year correlation (0.47) sits close to the 3-year figure. Stretching to 5 years gives 0.56, with an annualized covariance of 442.1 %².
Within KE's tracked universe of 18 assets, RVT comes in at #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months RVT outperformed by 42.4 percentage points (-15.0% for KE against +27.4% for RVT). Note the risk asymmetry: KE runs 2.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
KE vs RVT: side by side
| KE (Kimball Electronics, Inc.) | RVT (Royce Small-Cap Trust, Inc.) | |
|---|---|---|
| 1-year return | -15.0% | +27.4% |
| 5-year return | +0.6% | +53.9% |
| Volatility (ann.) | 42.0% | 19.1% |
| Beta vs S&P 500 | 1.22 | 0.99 |
| Max drawdown (3Y) | -58.5% | -23.5% |
| Market cap | $0.6B | $2.3B |
| P/E (trailing) | 21.3 | 6.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KE | RVT |
|---|---|---|
| 2022 | +3.8% | -26.3% |
| 2023 | +19.3% | +18.8% |
| 2024 | -30.5% | +17.9% |
| 2025 | +48.5% | +11.5% |
| 2026 | -13.4% | +21.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KE 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 KE and RVT?
Using weekly returns as of 2026-08-27: 0.55 over 3 years, with 0.47 over the last year and 0.56 over 5 years.
Is RVT a good diversifier for KE?
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?
A reading of 0.55 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ke-vs-rvt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ke-vs-rvt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KE correlations · RVT correlations
