RCL vs VIK: Correlation
Measured on weekly returns over the past three years, Royal Caribbean Group (RCL) and Viking Holdings Ltd (VIK) carry a correlation of 0.70, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RCL and VIK?
On 3 years of weekly data the RCL/VIK correlation comes out at 0.70, strong. Little has changed lately, as the 1-year reading of 0.67 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 1013.9 %².
Few assets follow RCL as closely as VIK, which ranks #3 of 37 tracked partners. The last year tells two different stories: VIK led by 62.0 percentage points, -19.3% for RCL against +42.7% for VIK.
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.
RCL vs VIK: side by side
| RCL (Royal Caribbean Group) | VIK (Viking Holdings Ltd) | |
|---|---|---|
| 1-year return | -19.3% | +42.7% |
| 5-year return | +257.6% | n/a |
| Volatility (ann.) | 41.3% | 33.6% |
| Beta vs S&P 500 | 1.46 | 1.31 |
| Max drawdown (3Y) | -35.0% | -35.4% |
| Market cap | $76.2B | $40.1B |
| P/E (trailing) | 17.9 | 30.0 |
| Dividend yield | 1.72% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | RCL | VIK |
|---|---|---|
| 2022 | -35.7% | – |
| 2023 | +162.0% | – |
| 2024 | +79.0% | – |
| 2025 | +22.5% | +62.1% |
| 2026 | +3.2% | +25.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RCL and VIK good diversifiers for each other?
To a limited degree. At 0.70 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 RCL and VIK?
As of 2026-08-27, the correlation of weekly returns between RCL and VIK is 0.70 over 3 years, 0.67 over 1 year and n/a over 5 years.
Is VIK a good diversifier for RCL?
To a limited degree. At 0.70 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 0.70 mean?
On the −1 to +1 scale, 0.70 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/rcl-vs-vik.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rcl-vs-vik/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RCL correlations · VIK correlations
