RMT vs VYX: Correlation
Royce Micro-Cap Trust, Inc. (RMT) and NCR Voyix Corporation (VYX) 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 VYX?
On 3 years of weekly data the RMT/VYX correlation comes out at 0.52, moderate. The relationship has been stable: the 1-year correlation (0.47) sits close to the 3-year figure. The 5-year figure is 0.56, and annualized covariance runs at 505.9 %².
By 3-year correlation, VYX places #69 of the 136 assets tracked against RMT. Their recent paths diverged sharply: over the last 12 months RMT outperformed by 80.7 percentage points (+48.4% for RMT against -32.3% for VYX). Risk is not evenly split, since VYX carries 2.3 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 VYX: side by side
| RMT (Royce Micro-Cap Trust, Inc.) | VYX (NCR Voyix Corporation) | |
|---|---|---|
| 1-year return | +48.4% | -32.3% |
| 5-year return | +80.1% | -65.3% |
| Volatility (ann.) | 20.5% | 47.7% |
| Beta vs S&P 500 | 1.09 | 1.47 |
| Max drawdown (3Y) | -26.4% | -67.4% |
| Market cap | $0.8B | $1.3B |
| P/E (trailing) | 8.5 | 31.7 |
| Dividend yield | 5.57% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RMT | VYX |
|---|---|---|
| 2022 | -16.8% | -41.8% |
| 2023 | +15.8% | +17.7% |
| 2024 | +14.0% | -18.2% |
| 2025 | +16.1% | -26.3% |
| 2026 | +39.6% | -10.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RMT and VYX 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 VYX?
The RMT/VYX correlation stands at 0.52 on a 3-year window (1 year: 0.47, 5 years: 0.56), computed from weekly returns as of 2026-08-27.
Is VYX 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?
On the −1 to +1 scale, 0.52 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-vyx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rmt-vs-vyx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: RMT correlations · VYX correlations
