RMT vs XPER: Correlation
Measured on weekly returns over the past three years, Royce Micro-Cap Trust, Inc. (RMT) and Xperi Inc. (XPER) carry a correlation of 0.52, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RMT and XPER?
Across a 3-year window, the weekly returns of RMT and XPER correlate at 0.52, moderate. The relationship has been stable: the 1-year correlation (0.46) sits close to the 3-year figure. Stretching to 5 years gives 0.39, with an annualized covariance of 464.3 %².
Among the 136 assets we track against RMT, XPER ranks #71 by 3-year correlation. Correlation aside, the last 12 months split them widely, with RMT ahead by 48.7 points (+48.4% versus -0.3%). Note the risk asymmetry: XPER runs 2.1 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 XPER: side by side
| RMT (Royce Micro-Cap Trust, Inc.) | XPER (Xperi Inc.) | |
|---|---|---|
| 1-year return | +48.4% | -0.3% |
| 5-year return | +80.1% | n/a |
| Volatility (ann.) | 20.5% | 43.6% |
| Beta vs S&P 500 | 1.09 | 1.29 |
| Max drawdown (3Y) | -26.4% | -57.6% |
| Market cap | $0.8B | $0.3B |
| P/E (trailing) | 8.5 | – |
| Dividend yield | 5.57% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RMT | XPER |
|---|---|---|
| 2022 | -16.8% | – |
| 2023 | +15.8% | +28.0% |
| 2024 | +14.0% | -6.8% |
| 2025 | +16.1% | -42.9% |
| 2026 | +39.6% | +3.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RMT and XPER good diversifiers for each other?
Only partially. A correlation of 0.52 means RMT and XPER 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 XPER?
As of 2026-08-27, the correlation of weekly returns between RMT and XPER is 0.52 over 3 years, 0.46 over 1 year and 0.39 over 5 years.
Is XPER a good diversifier for RMT?
Only partially. A correlation of 0.52 means RMT and XPER share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.52 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-xper.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rmt-vs-xper/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: RMT correlations · XPER correlations
