RKTO vs STZ: Correlation
Measured on weekly returns over the past three years, Rocket One Inc. (RKTO) and Constellation Brands (STZ) carry a correlation of -0.35, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RKTO and STZ?
Across a 3-year window, the weekly returns of RKTO and STZ correlate at -0.35, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.37) sits close to the 3-year figure. Stretching to 5 years gives -0.22, with an annualized covariance of -1261.0 %².
STZ is close to the least connected end of RKTO's tracked universe, ranking #30 of 30. Correlation aside, the last 12 months split them widely, with STZ ahead by 24.6 points (-40.3% versus -15.7%). Note the risk asymmetry: RKTO runs 5.1 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.
RKTO vs STZ: side by side
| RKTO (Rocket One Inc.) | STZ (Constellation Brands) | |
|---|---|---|
| 1-year return | -40.3% | -15.7% |
| 5-year return | -97.7% | -31.9% |
| Volatility (ann.) | 135.8% | 26.6% |
| Beta vs S&P 500 | 0.30 | 0.41 |
| Max drawdown (3Y) | -81.1% | -51.3% |
| Market cap | – | $22.4B |
| P/E (trailing) | – | 12.8 |
| Dividend yield | 0.00% | 3.04% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | RKTO | STZ |
|---|---|---|
| 2022 | -52.7% | -6.4% |
| 2023 | -81.5% | +5.8% |
| 2024 | -48.1% | -7.1% |
| 2025 | +32.4% | -36.0% |
| 2026 | -27.1% | -2.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RKTO and STZ good diversifiers for each other?
Yes. With a correlation of -0.35, RKTO and STZ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between RKTO and STZ?
Using weekly returns as of 2026-08-27: -0.35 over 3 years, with -0.37 over the last year and -0.22 over 5 years.
Is STZ a good diversifier for RKTO?
Yes. With a correlation of -0.35, RKTO and STZ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.35 mean?
On the −1 to +1 scale, -0.35 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-stz.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rkto-vs-stz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: RKTO correlations · STZ correlations
