RCL vs WTFC: Correlation
Measured on weekly returns over the past three years, Royal Caribbean Group (RCL) and Wintrust Financial Corporation (WTFC) carry a correlation of 0.59, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RCL and WTFC?
Over the past 3 years, RCL and WTFC moved with a correlation of 0.59, which is moderate. The past 12 months show a weaker link (0.39) than the 3-year average (0.59). Over 5 years the correlation is 0.54, and the annualized covariance of weekly returns is 677.2 %².
By 3-year correlation, WTFC places #12 of the 37 assets tracked against RCL. Correlation aside, the last 12 months split them widely, with WTFC ahead by 32.0 points (-19.3% versus +12.7%).
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 WTFC: side by side
| RCL (Royal Caribbean Group) | WTFC (Wintrust Financial Corporation) | |
|---|---|---|
| 1-year return | -19.3% | +12.7% |
| 5-year return | +257.6% | +127.7% |
| Volatility (ann.) | 41.3% | 27.6% |
| Beta vs S&P 500 | 1.46 | 1.06 |
| Max drawdown (3Y) | -35.0% | -31.0% |
| Market cap | $76.2B | $10.3B |
| P/E (trailing) | 17.9 | 12.3 |
| Dividend yield | 1.72% | 1.37% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | RCL | WTFC |
|---|---|---|
| 2022 | -35.7% | -5.5% |
| 2023 | +162.0% | +12.0% |
| 2024 | +79.0% | +36.8% |
| 2025 | +22.5% | +13.9% |
| 2026 | +3.2% | +10.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RCL and WTFC good diversifiers for each other?
Only partially. A correlation of 0.59 means RCL and WTFC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between RCL and WTFC?
The RCL/WTFC correlation stands at 0.59 on a 3-year window (1 year: 0.39, 5 years: 0.54), computed from weekly returns as of 2026-08-27.
Is WTFC a good diversifier for RCL?
Only partially. A correlation of 0.59 means RCL and WTFC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.59 mean?
On the −1 to +1 scale, 0.59 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.
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Related comparisons
Hubs: RCL correlations · WTFC correlations
