REG vs RKTO: Correlation
How closely do Regency Centers (REG) and Rocket One Inc. (RKTO) trade together? Their weekly returns over three years give a correlation of -0.17, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are REG and RKTO?
On 3 years of weekly data the REG/RKTO correlation comes out at -0.17, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.21 over 1 year against -0.17 over 3. The 5-year figure is -0.05, and annualized covariance runs at -422.1 %².
Within REG's tracked universe of 41 assets, RKTO comes in at #32 by 3-year correlation. The last year tells two different stories: REG led by 48.7 percentage points, +8.4% for REG against -40.3% for RKTO. One caveat on sizing: RKTO is 7.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
REG vs RKTO: side by side
| REG (Regency Centers) | RKTO (Rocket One Inc.) | |
|---|---|---|
| 1-year return | +8.4% | -40.3% |
| 5-year return | +35.2% | -97.7% |
| Volatility (ann.) | 17.8% | 135.8% |
| Beta vs S&P 500 | 0.34 | 0.30 |
| Max drawdown (3Y) | -15.1% | -81.1% |
| Market cap | $14.1B | – |
| P/E (trailing) | 25.5 | – |
| Dividend yield | 3.89% | 0.00% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | REG | RKTO |
|---|---|---|
| 2022 | -13.6% | -52.7% |
| 2023 | +11.9% | -81.5% |
| 2024 | +14.9% | -48.1% |
| 2025 | -2.8% | +32.4% |
| 2026 | +11.4% | -27.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are REG and RKTO good diversifiers for each other?
Yes. With a correlation of -0.17, REG and RKTO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between REG and RKTO?
Using weekly returns as of 2026-08-27: -0.17 over 3 years, with -0.21 over the last year and -0.05 over 5 years.
Is RKTO a good diversifier for REG?
Yes. With a correlation of -0.17, REG and RKTO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.17 mean?
A reading of -0.17 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/reg-vs-rkto.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/reg-vs-rkto/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: REG correlations · RKTO correlations
