RKTO vs SPNT: Correlation
Rocket One Inc. (RKTO) and SiriusPoint Ltd. (SPNT) show a negative relationship: their 3-year correlation of weekly returns is -0.28.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RKTO and SPNT?
Across a 3-year window, the weekly returns of RKTO and SPNT correlate at -0.28, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.47) than the 3-year average (-0.28). Stretching to 5 years gives -0.15, with an annualized covariance of -1038.4 %².
Out of 30 assets tracked against RKTO, SPNT lands near the bottom at #26. Correlation aside, the last 12 months split them widely, with SPNT ahead by 69.6 points (-40.3% versus +29.3%). Risk is not evenly split, since RKTO carries 5.0 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.
RKTO vs SPNT: side by side
| RKTO (Rocket One Inc.) | SPNT (SiriusPoint Ltd.) | |
|---|---|---|
| 1-year return | -40.3% | +29.3% |
| 5-year return | -97.7% | +141.9% |
| Volatility (ann.) | 135.8% | 27.4% |
| Beta vs S&P 500 | 0.30 | 0.37 |
| Max drawdown (3Y) | -81.1% | -16.3% |
| Market cap | – | $2.8B |
| P/E (trailing) | – | 5.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RKTO | SPNT |
|---|---|---|
| 2022 | -52.7% | -27.4% |
| 2023 | -81.5% | +96.6% |
| 2024 | -48.1% | +41.3% |
| 2025 | +32.4% | +33.6% |
| 2026 | -27.1% | +10.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RKTO and SPNT good diversifiers for each other?
Yes. With a correlation of -0.28, RKTO and SPNT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between RKTO and SPNT?
As of 2026-08-27, the correlation of weekly returns between RKTO and SPNT is -0.28 over 3 years, -0.47 over 1 year and -0.15 over 5 years.
Is SPNT a good diversifier for RKTO?
Yes. With a correlation of -0.28, RKTO and SPNT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.28 mean?
On the −1 to +1 scale, -0.28 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/rkto-vs-spnt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rkto-vs-spnt/)
No key needed, free to use. Full endpoint list in the API documentation.
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Hubs: RKTO correlations · SPNT correlations
