RCG vs TRSG: Correlation
Measured on weekly returns over the past three years, RENN Fund, Inc (RCG) and Tungray Technologies Inc - Class A (TRSG) carry a correlation of 0.32, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RCG and TRSG?
Over the past 3 years, RCG and TRSG moved with a correlation of 0.32, which is moderate. The link has loosened recently: the 1-year correlation (-0.17) runs below the 3-year figure (0.32). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 811.0 %².
Within RCG's tracked universe of 14 assets, TRSG comes in at #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with RCG ahead by 18.9 points (+11.1% versus -7.8%). Note the risk asymmetry: TRSG runs 3.6 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.
RCG vs TRSG: side by side
| RCG (RENN Fund, Inc) | TRSG (Tungray Technologies Inc - Class A) | |
|---|---|---|
| 1-year return | +11.1% | -7.8% |
| 5-year return | +24.1% | n/a |
| Volatility (ann.) | 25.8% | 92.3% |
| Beta vs S&P 500 | 0.09 | 0.67 |
| Max drawdown (3Y) | -20.0% | -86.3% |
| Market cap | – | – |
| P/E (trailing) | 26.5 | – |
| Dividend yield | 0.71% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RCG | TRSG |
|---|---|---|
| 2022 | -31.5% | – |
| 2023 | -4.7% | – |
| 2024 | +31.6% | – |
| 2025 | +16.2% | -49.2% |
| 2026 | +13.6% | +36.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RCG and TRSG good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between RCG and TRSG?
Using weekly returns as of 2026-08-27: 0.32 over 3 years, with -0.17 over the last year and n/a over 5 years.
Is TRSG a good diversifier for RCG?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.32 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/rcg-vs-trsg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rcg-vs-trsg/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RCG correlations · TRSG correlations
