RPT vs VGI: Correlation
Measured on weekly returns over the past three years, Rithm Property Trust Inc. (RPT) and Virtus Global Multi-Sector Income Fund (VGI) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RPT and VGI?
On 3 years of weekly data the RPT/VGI correlation comes out at 0.39, moderate. Little has changed lately, as the 1-year reading of 0.34 lands near the 3-year figure. The 5-year figure is 0.43, and annualized covariance runs at 163.0 %².
By 3-year correlation, VGI places #5 of the 13 assets tracked against RPT. Over the last 12 months VGI came out ahead by 10.9 percentage points (-7.1% against +3.8%). Risk is not evenly split, since RPT carries 4.0 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.
RPT vs VGI: side by side
| RPT (Rithm Property Trust Inc.) | VGI (Virtus Global Multi-Sector Income Fund) | |
|---|---|---|
| 1-year return | -7.1% | +3.8% |
| 5-year return | -69.9% | +11.9% |
| Volatility (ann.) | 40.9% | 10.3% |
| Beta vs S&P 500 | 0.96 | 0.38 |
| Max drawdown (3Y) | -64.6% | -11.3% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | 7.8 |
| Dividend yield | 10.99% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RPT | VGI |
|---|---|---|
| 2022 | -35.2% | -22.3% |
| 2023 | -9.5% | +13.4% |
| 2024 | -39.4% | +10.4% |
| 2025 | +1.5% | +16.1% |
| 2026 | -15.3% | +1.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RPT and VGI good diversifiers for each other?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between RPT and VGI?
Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.34 over the last year and 0.43 over 5 years.
Is VGI a good diversifier for RPT?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.39 mean?
A reading of 0.39 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/rpt-vs-vgi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rpt-vs-vgi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RPT correlations · VGI correlations
