RLGT vs SCHL: Correlation
Radiant Logistics, Inc. (RLGT) and Scholastic Corporation (SCHL) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RLGT and SCHL?
Across a 3-year window, the weekly returns of RLGT and SCHL correlate at 0.41, moderate. Little has changed lately, as the 1-year reading of 0.36 lands near the 3-year figure. Stretching to 5 years gives 0.32, with an annualized covariance of 557.2 %².
Among the 13 assets we track against RLGT, SCHL sits near the bottom by co-movement, at rank #9. Correlation aside, the last 12 months split them widely, with SCHL ahead by 20.3 points (+34.8% versus +55.1%).
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.
RLGT vs SCHL: side by side
| RLGT (Radiant Logistics, Inc.) | SCHL (Scholastic Corporation) | |
|---|---|---|
| 1-year return | +34.8% | +55.1% |
| 5-year return | +31.8% | +32.0% |
| Volatility (ann.) | 31.1% | 43.5% |
| Beta vs S&P 500 | 0.98 | 0.79 |
| Max drawdown (3Y) | -29.3% | -62.3% |
| Market cap | $0.4B | $0.7B |
| P/E (trailing) | 25.6 | 17.1 |
| Dividend yield | 0.00% | 2.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RLGT | SCHL |
|---|---|---|
| 2022 | -30.2% | +0.5% |
| 2023 | +30.5% | -2.5% |
| 2024 | +0.9% | -42.0% |
| 2025 | -5.5% | +44.0% |
| 2026 | +37.6% | +33.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RLGT and SCHL good diversifiers for each other?
Reasonably. At 0.41, RLGT and SCHL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between RLGT and SCHL?
Using weekly returns as of 2026-08-27: 0.41 over 3 years, with 0.36 over the last year and 0.32 over 5 years.
Is SCHL a good diversifier for RLGT?
Reasonably. At 0.41, RLGT and SCHL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 mean?
On the −1 to +1 scale, 0.41 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/rlgt-vs-schl.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rlgt-vs-schl/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RLGT correlations · SCHL correlations
