MEGI vs RCI: Correlation
Measured on weekly returns over the past three years, NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) and Rogers Communication, Inc. (RCI) carry a correlation of 0.40, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MEGI and RCI?
Across a 3-year window, the weekly returns of MEGI and RCI correlate at 0.40, moderate. The link has loosened recently: the 1-year correlation (0.15) runs below the 3-year figure (0.40). Stretching to 5 years gives 0.47, with an annualized covariance of 194.6 %².
Within MEGI's tracked universe of 29 assets, RCI comes in at #24 by 3-year correlation. Over the last 12 months MEGI came out ahead by 9.9 percentage points (+14.7% against +4.8%).
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.
MEGI vs RCI: side by side
| MEGI (NYLI CBRE Global Infrastructure Megatrends Term Fund) | RCI (Rogers Communication, Inc.) | |
|---|---|---|
| 1-year return | +14.7% | +4.8% |
| 5-year return | +20.7% | -14.6% |
| Volatility (ann.) | 19.4% | 24.8% |
| Beta vs S&P 500 | 0.49 | 0.25 |
| Max drawdown (3Y) | -17.4% | -48.2% |
| Market cap | $0.8B | $19.7B |
| P/E (trailing) | 4.9 | 4.5 |
| Dividend yield | 0.00% | 5.42% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MEGI | RCI |
|---|---|---|
| 2022 | -23.3% | +1.6% |
| 2023 | +5.5% | +3.4% |
| 2024 | +5.2% | -31.9% |
| 2025 | +26.2% | +27.3% |
| 2026 | +16.5% | -1.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MEGI and RCI good diversifiers for each other?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between MEGI and RCI?
As of 2026-08-27, the correlation of weekly returns between MEGI and RCI is 0.40 over 3 years, 0.15 over 1 year and 0.47 over 5 years.
Is RCI a good diversifier for MEGI?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.40 mean?
On the −1 to +1 scale, 0.40 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/megi-vs-rci.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/megi-vs-rci/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MEGI correlations · RCI correlations
