RL vs RVT: Correlation
How closely do Ralph Lauren Corporation (RL) and Royce Small-Cap Trust, Inc. (RVT) trade together? Their weekly returns over three years give a correlation of 0.56, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RL and RVT?
On 3 years of weekly data the RL/RVT correlation comes out at 0.56, moderate. Little has changed lately, as the 1-year reading of 0.56 lands near the 3-year figure. The 5-year figure is 0.60, and annualized covariance runs at 357.9 %².
Few assets follow RL as closely as RVT, which ranks #3 of 42 tracked partners. On 12-month performance RVT holds a 6.7-point edge, +20.7% against +27.4%. Risk is not evenly split, since RL carries 1.8 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.
RL vs RVT: side by side
| RL (Ralph Lauren Corporation) | RVT (Royce Small-Cap Trust, Inc.) | |
|---|---|---|
| 1-year return | +20.7% | +27.4% |
| 5-year return | +232.5% | +53.9% |
| Volatility (ann.) | 33.6% | 19.1% |
| Beta vs S&P 500 | 1.07 | 0.99 |
| Max drawdown (3Y) | -36.2% | -23.5% |
| Market cap | $21.0B | $2.3B |
| P/E (trailing) | 22.8 | 6.5 |
| Dividend yield | 1.03% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | RL | RVT |
|---|---|---|
| 2022 | -8.4% | -26.3% |
| 2023 | +39.8% | +18.8% |
| 2024 | +62.9% | +17.9% |
| 2025 | +55.0% | +11.5% |
| 2026 | +0.0% | +21.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RL and RVT good diversifiers for each other?
To a limited degree. At 0.56 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 RL and RVT?
Using weekly returns as of 2026-08-27: 0.56 over 3 years, with 0.56 over the last year and 0.60 over 5 years.
Is RVT a good diversifier for RL?
To a limited degree. At 0.56 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 0.56 mean?
A reading of 0.56 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/rl-vs-rvt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rl-vs-rvt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: RL correlations · RVT correlations
