RDIB vs VCIG: Correlation
Measured on weekly returns over the past three years, Reading International Inc - Class B Voting (RDIB) and VCI Global Limited (VCIG) carry a correlation of 0.46, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RDIB and VCIG?
Across a 3-year window, the weekly returns of RDIB and VCIG correlate at 0.46, moderate. The link has tightened recently: the 1-year correlation (0.76) runs above the 3-year figure (0.46). Stretching to 5 years gives n/a, with an annualized covariance of 29006.1 %².
By 3-year correlation, VCIG places #4 of the 10 assets tracked against RDIB. The last year tells two different stories: RDIB led by 112.6 percentage points, +12.8% for RDIB against -99.8% for VCIG. Risk is not evenly split, since VCIG carries 9.0 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.
RDIB vs VCIG: side by side
| RDIB (Reading International Inc - Class B Voting) | VCIG (VCI Global Limited) | |
|---|---|---|
| 1-year return | +12.8% | -99.8% |
| 5-year return | -35.9% | n/a |
| Volatility (ann.) | 83.4% | 754.7% |
| Beta vs S&P 500 | 0.58 | 3.93 |
| Max drawdown (3Y) | -72.8% | -100.0% |
| Market cap | $0.4B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RDIB | VCIG |
|---|---|---|
| 2022 | -14.5% | – |
| 2023 | -29.1% | – |
| 2024 | -39.6% | -98.4% |
| 2025 | +36.5% | -99.9% |
| 2026 | +32.8% | -91.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RDIB and VCIG good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between RDIB and VCIG?
Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.76 over the last year and n/a over 5 years.
Is VCIG a good diversifier for RDIB?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.46 mean?
On the −1 to +1 scale, 0.46 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/rdib-vs-vcig.json
Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: RDIB correlations · VCIG correlations