RMT vs STKS: Correlation
Measured on weekly returns over the past three years, Royce Micro-Cap Trust, Inc. (RMT) and The ONE Group Hospitality, Inc. (STKS) carry a correlation of 0.46, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RMT and STKS?
On 3 years of weekly data the RMT/STKS correlation comes out at 0.46, moderate. Little has changed lately, as the 1-year reading of 0.41 lands near the 3-year figure. The 5-year figure is 0.50, and annualized covariance runs at 603.0 %².
Within RMT's tracked universe of 136 assets, STKS comes in at #101 by 3-year correlation. Correlation aside, the last 12 months split them widely, with RMT ahead by 90.6 points (+48.4% versus -42.2%). Risk is not evenly split, since STKS carries 3.1 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 STKS: side by side
| RMT (Royce Micro-Cap Trust, Inc.) | STKS (The ONE Group Hospitality, Inc.) | |
|---|---|---|
| 1-year return | +48.4% | -42.2% |
| 5-year return | +80.1% | -85.0% |
| Volatility (ann.) | 20.5% | 63.5% |
| Beta vs S&P 500 | 1.09 | 1.30 |
| Max drawdown (3Y) | -26.4% | -76.5% |
| Market cap | $0.8B | $0.1B |
| P/E (trailing) | 8.5 | – |
| Dividend yield | 5.57% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RMT | STKS |
|---|---|---|
| 2022 | -16.8% | -50.0% |
| 2023 | +15.8% | -2.9% |
| 2024 | +14.0% | -52.6% |
| 2025 | +16.1% | -39.7% |
| 2026 | +39.6% | -5.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RMT and STKS good diversifiers for each other?
Reasonably. At 0.46, RMT and STKS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between RMT and STKS?
The RMT/STKS correlation stands at 0.46 on a 3-year window (1 year: 0.41, 5 years: 0.50), computed from weekly returns as of 2026-08-27.
Is STKS a good diversifier for RMT?
Reasonably. At 0.46, RMT and STKS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.46 mean?
On the −1 to +1 scale, 0.46 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/rmt-vs-stks.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rmt-vs-stks/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RMT correlations · STKS correlations
