RGT vs WT: Correlation
Measured on weekly returns over the past three years, Royce Global Trust, Inc. (RGT) and WisdomTree, Inc. (WT) carry a correlation of 0.53, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RGT and WT?
On 3 years of weekly data the RGT/WT correlation comes out at 0.53, moderate. Little has changed lately, as the 1-year reading of 0.57 lands near the 3-year figure. The 5-year figure is 0.56, and annualized covariance runs at 310.3 %².
By 3-year correlation, WT places #10 of the 23 assets tracked against RGT. Correlation aside, the last 12 months split them widely, with WT ahead by 62.6 points (+24.1% versus +86.7%). Note the risk asymmetry: WT runs 2.0 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
RGT vs WT: side by side
| RGT (Royce Global Trust, Inc.) | WT (WisdomTree, Inc.) | |
|---|---|---|
| 1-year return | +24.1% | +86.7% |
| 5-year return | +25.5% | +330.3% |
| Volatility (ann.) | 17.0% | 34.2% |
| Beta vs S&P 500 | 0.91 | 1.17 |
| Max drawdown (3Y) | -19.0% | -36.9% |
| Market cap | $0.1B | $3.8B |
| P/E (trailing) | 5.4 | 44.7 |
| Dividend yield | 0.00% | 0.48% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RGT | WT |
|---|---|---|
| 2022 | -33.1% | -8.9% |
| 2023 | +14.6% | +29.6% |
| 2024 | +14.4% | +53.5% |
| 2025 | +24.1% | +17.4% |
| 2026 | +18.5% | +106.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RGT and WT good diversifiers for each other?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between RGT and WT?
The RGT/WT correlation stands at 0.53 on a 3-year window (1 year: 0.57, 5 years: 0.56), computed from weekly returns as of 2026-08-27.
Is WT a good diversifier for RGT?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.53 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/rgt-vs-wt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rgt-vs-wt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: RGT correlations · WT correlations
