KRNT vs RVT: Correlation
Kornit Digital Ltd. (KRNT) and Royce Small-Cap Trust, Inc. (RVT) show a strong relationship: their 3-year correlation of weekly returns is 0.61.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KRNT and RVT?
Over the past 3 years, KRNT and RVT moved with a correlation of 0.61, which is strong. Recent behaviour matches the longer record: 0.56 over 1 year against 0.61 over 3. Over 5 years the correlation is 0.60, and the annualized covariance of weekly returns is 614.9 %².
Among the 12 assets we track against KRNT, RVT ranks #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with RVT ahead by 15.3 points (+12.1% versus +27.4%). Risk is not evenly split, since KRNT carries 2.8 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.
KRNT vs RVT: side by side
| KRNT (Kornit Digital Ltd.) | RVT (Royce Small-Cap Trust, Inc.) | |
|---|---|---|
| 1-year return | +12.1% | +27.4% |
| 5-year return | -87.2% | +53.9% |
| Volatility (ann.) | 53.2% | 19.1% |
| Beta vs S&P 500 | 2.06 | 0.99 |
| Max drawdown (3Y) | -62.6% | -23.5% |
| Market cap | $0.7B | $2.3B |
| P/E (trailing) | – | 6.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KRNT | RVT |
|---|---|---|
| 2022 | -84.9% | -26.3% |
| 2023 | -16.6% | +18.8% |
| 2024 | +61.5% | +17.9% |
| 2025 | -53.5% | +11.5% |
| 2026 | +17.7% | +21.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KRNT and RVT good diversifiers for each other?
To a limited degree. At 0.61 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between KRNT and RVT?
The KRNT/RVT correlation stands at 0.61 on a 3-year window (1 year: 0.56, 5 years: 0.60), computed from weekly returns as of 2026-08-27.
Is RVT a good diversifier for KRNT?
To a limited degree. At 0.61 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.61 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/krnt-vs-rvt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/krnt-vs-rvt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KRNT correlations · RVT correlations
