RMT vs RVLV: Correlation
Royce Micro-Cap Trust, Inc. (RMT) and Revolve Group, Inc. (RVLV) show a moderate relationship: their 3-year correlation of weekly returns is 0.54.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RMT and RVLV?
Across a 3-year window, the weekly returns of RMT and RVLV correlate at 0.54, moderate. The link has loosened recently: the 1-year correlation (0.36) runs below the 3-year figure (0.54). Stretching to 5 years gives 0.56, with an annualized covariance of 599.2 %².
Within RMT's tracked universe of 136 assets, RVLV comes in at #55 by 3-year correlation. The last year tells two different stories: RMT led by 48.3 percentage points, +48.4% for RMT against +0.1% for RVLV. Risk is not evenly split, since RVLV carries 2.6 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.
RMT vs RVLV: side by side
| RMT (Royce Micro-Cap Trust, Inc.) | RVLV (Revolve Group, Inc.) | |
|---|---|---|
| 1-year return | +48.4% | +0.1% |
| 5-year return | +80.1% | -59.7% |
| Volatility (ann.) | 20.5% | 54.1% |
| Beta vs S&P 500 | 1.09 | 1.64 |
| Max drawdown (3Y) | -26.4% | -56.0% |
| Market cap | $0.8B | $1.6B |
| P/E (trailing) | 8.5 | 23.0 |
| Dividend yield | 5.57% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RMT | RVLV |
|---|---|---|
| 2022 | -16.8% | -60.3% |
| 2023 | +15.8% | -25.5% |
| 2024 | +14.0% | +102.0% |
| 2025 | +16.1% | -9.9% |
| 2026 | +39.6% | -23.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RMT and RVLV good diversifiers for each other?
Only partially. A correlation of 0.54 means RMT and RVLV share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between RMT and RVLV?
The RMT/RVLV correlation stands at 0.54 on a 3-year window (1 year: 0.36, 5 years: 0.56), computed from weekly returns as of 2026-08-27.
Is RVLV a good diversifier for RMT?
Only partially. A correlation of 0.54 means RMT and RVLV share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.54 mean?
A reading of 0.54 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/rmt-vs-rvlv.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rmt-vs-rvlv/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RMT correlations · RVLV correlations
