ROL vs RSG: Correlation
How closely do Rollins, Inc. (ROL) and Republic Services (RSG) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ROL and RSG?
Across a 3-year window, the weekly returns of ROL and RSG correlate at 0.37, moderate. The link has loosened recently: the 1-year correlation (0.22) runs below the 3-year figure (0.37). Stretching to 5 years gives 0.44, with an annualized covariance of 139.6 %².
By 3-year correlation, RSG places #8 of the 33 assets tracked against ROL. Their recent paths diverged sharply: over the last 12 months RSG outperformed by 30.1 percentage points (-35.7% for ROL against -5.6% for RSG). This link changes with the market regime, having swung between 0.15 and 0.79 on a rolling one-year basis.
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.
ROL vs RSG: side by side
| ROL (Rollins, Inc.) | RSG (Republic Services) | |
|---|---|---|
| 1-year return | -35.7% | -5.6% |
| 5-year return | -1.8% | +87.9% |
| Volatility (ann.) | 23.2% | 16.2% |
| Beta vs S&P 500 | 0.51 | 0.17 |
| Max drawdown (3Y) | -44.6% | -22.5% |
| Market cap | $17.3B | $67.1B |
| P/E (trailing) | 32.7 | 31.0 |
| Dividend yield | 1.94% | 1.13% |
| Sector / category | Industrials | Industrials |
Year-by-year returns
| Year | ROL | RSG |
|---|---|---|
| 2022 | +8.1% | -6.2% |
| 2023 | +21.2% | +29.6% |
| 2024 | +7.6% | +23.0% |
| 2025 | +31.1% | +6.4% |
| 2026 | -39.4% | +4.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ROL and RSG good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ROL and RSG?
Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.22 over the last year and 0.44 over 5 years.
Is RSG a good diversifier for ROL?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.37 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
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Related comparisons
Hubs: ROL correlations · RSG correlations
