RMT vs SSYS: Correlation
Royce Micro-Cap Trust, Inc. (RMT) and Stratasys, Ltd. (SSYS) show a moderate relationship: their 3-year correlation of weekly returns is 0.52.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RMT and SSYS?
Across a 3-year window, the weekly returns of RMT and SSYS correlate at 0.52, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.70 versus 0.52 over 3 years. Stretching to 5 years gives 0.52, with an annualized covariance of 537.5 %².
Among the 136 assets we track against RMT, SSYS ranks #67 by 3-year correlation. The last year tells two different stories: RMT led by 76.1 percentage points, +48.4% for RMT against -27.7% for SSYS. Note the risk asymmetry: SSYS runs 2.5 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.
RMT vs SSYS: side by side
| RMT (Royce Micro-Cap Trust, Inc.) | SSYS (Stratasys, Ltd.) | |
|---|---|---|
| 1-year return | +48.4% | -27.7% |
| 5-year return | +80.1% | -61.1% |
| Volatility (ann.) | 20.5% | 50.7% |
| Beta vs S&P 500 | 1.09 | 1.38 |
| Max drawdown (3Y) | -26.4% | -58.4% |
| Market cap | $0.8B | $0.7B |
| P/E (trailing) | 8.5 | – |
| Dividend yield | 5.57% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RMT | SSYS |
|---|---|---|
| 2022 | -16.8% | -51.6% |
| 2023 | +15.8% | +20.4% |
| 2024 | +14.0% | -37.7% |
| 2025 | +16.1% | -2.4% |
| 2026 | +39.6% | -8.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RMT and SSYS good diversifiers for each other?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between RMT and SSYS?
The RMT/SSYS correlation stands at 0.52 on a 3-year window (1 year: 0.70, 5 years: 0.52), computed from weekly returns as of 2026-08-27.
Is SSYS a good diversifier for RMT?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.52 mean?
A reading of 0.52 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-ssys.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rmt-vs-ssys/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RMT correlations · SSYS correlations
