RH vs RVT: Correlation
Measured on weekly returns over the past three years, RH (RH) and Royce Small-Cap Trust, Inc. (RVT) carry a correlation of 0.64, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RH and RVT?
Over the past 3 years, RH and RVT moved with a correlation of 0.64, which is strong. Lately the two have drifted apart, with the 1-year correlation at 0.53 versus 0.64 over 3 years. Over 5 years the correlation is 0.62, and the annualized covariance of weekly returns is 819.3 %².
By 3-year correlation, RVT places #5 of the 16 assets tracked against RH. The last year tells two different stories: RVT led by 63.9 percentage points, -36.5% for RH against +27.4% for RVT. One caveat on sizing: RH is 3.5 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.
RH vs RVT: side by side
| RH (RH) | RVT (Royce Small-Cap Trust, Inc.) | |
|---|---|---|
| 1-year return | -36.5% | +27.4% |
| 5-year return | -79.8% | +53.9% |
| Volatility (ann.) | 67.4% | 19.1% |
| Beta vs S&P 500 | 2.60 | 0.99 |
| Max drawdown (3Y) | -75.2% | -23.5% |
| Market cap | $2.7B | $2.3B |
| P/E (trailing) | 28.7 | 6.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RH | RVT |
|---|---|---|
| 2022 | -50.1% | -26.3% |
| 2023 | +9.1% | +18.8% |
| 2024 | +35.0% | +17.9% |
| 2025 | -54.5% | +11.5% |
| 2026 | -19.2% | +21.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RH and RVT good diversifiers for each other?
To a limited degree. At 0.64 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 RH and RVT?
As of 2026-08-27, the correlation of weekly returns between RH and RVT is 0.64 over 3 years, 0.53 over 1 year and 0.62 over 5 years.
Is RVT a good diversifier for RH?
To a limited degree. At 0.64 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 0.64 mean?
On the −1 to +1 scale, 0.64 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/rh-vs-rvt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rh-vs-rvt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: RH correlations · RVT correlations
