RGCO vs TRMK: Correlation
How closely do RGC Resources Inc. (RGCO) and Trustmark Corporation (TRMK) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RGCO and TRMK?
Across a 3-year window, the weekly returns of RGCO and TRMK correlate at 0.50, moderate. The link has loosened recently: the 1-year correlation (0.31) runs below the 3-year figure (0.50). Stretching to 5 years gives 0.37, with an annualized covariance of 417.5 %².
TRMK is one of the assets that tracks RGCO most closely: it ranks #3 out of the 11 assets we track against RGCO. The trailing year gives TRMK the advantage: +1.9% versus +16.5%, a 14.6-point spread.
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.
RGCO vs TRMK: side by side
| RGCO (RGC Resources Inc.) | TRMK (Trustmark Corporation) | |
|---|---|---|
| 1-year return | +1.9% | +16.5% |
| 5-year return | +10.2% | +69.7% |
| Volatility (ann.) | 31.0% | 27.0% |
| Beta vs S&P 500 | 0.66 | 0.91 |
| Max drawdown (3Y) | -19.2% | -22.0% |
| Market cap | $0.2B | $2.7B |
| P/E (trailing) | 16.2 | 11.8 |
| Dividend yield | 3.91% | 2.12% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RGCO | TRMK |
|---|---|---|
| 2022 | -0.6% | +10.7% |
| 2023 | -4.1% | -17.0% |
| 2024 | +2.5% | +30.6% |
| 2025 | +10.4% | +13.0% |
| 2026 | +5.4% | +20.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RGCO and TRMK good diversifiers for each other?
To a limited degree. At 0.50 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 RGCO and TRMK?
The RGCO/TRMK correlation stands at 0.50 on a 3-year window (1 year: 0.31, 5 years: 0.37), computed from weekly returns as of 2026-08-27.
Is TRMK a good diversifier for RGCO?
To a limited degree. At 0.50 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 0.50 mean?
On the −1 to +1 scale, 0.50 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: RGCO correlations · TRMK correlations
