REZI vs RVT: Correlation
Resideo Technologies, Inc. (REZI) and Royce Small-Cap Trust, Inc. (RVT) show a moderate relationship: their 3-year correlation of weekly returns is 0.59.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are REZI and RVT?
Across a 3-year window, the weekly returns of REZI and RVT correlate at 0.59, moderate. The relationship has been stable: the 1-year correlation (0.49) sits close to the 3-year figure. Stretching to 5 years gives 0.57, with an annualized covariance of 554.7 %².
By 3-year correlation, RVT places #5 of the 20 assets tracked against REZI. The last year tells two different stories: RVT led by 44.7 percentage points, -17.3% for REZI against +27.4% for RVT. Risk is not evenly split, since REZI carries 2.6 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.
REZI vs RVT: side by side
| REZI (Resideo Technologies, Inc.) | RVT (Royce Small-Cap Trust, Inc.) | |
|---|---|---|
| 1-year return | -17.3% | +27.4% |
| 5-year return | -11.7% | +53.9% |
| Volatility (ann.) | 48.9% | 19.1% |
| Beta vs S&P 500 | 1.58 | 0.99 |
| Max drawdown (3Y) | -47.1% | -23.5% |
| Market cap | $3.0B | $2.3B |
| P/E (trailing) | 7.8 | 6.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | REZI | RVT |
|---|---|---|
| 2022 | -36.8% | -26.3% |
| 2023 | +14.4% | +18.8% |
| 2024 | +22.5% | +17.9% |
| 2025 | +52.4% | +11.5% |
| 2026 | -18.2% | +21.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are REZI and RVT good diversifiers for each other?
Somewhat, no more. With 0.59 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between REZI and RVT?
Using weekly returns as of 2026-08-27: 0.59 over 3 years, with 0.49 over the last year and 0.57 over 5 years.
Is RVT a good diversifier for REZI?
Somewhat, no more. With 0.59 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.59 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/rezi-vs-rvt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rezi-vs-rvt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: REZI correlations · RVT correlations
