RSG vs STX: Correlation
Measured on weekly returns over the past three years, Republic Services (RSG) and Seagate Technology (STX) carry a correlation of -0.19, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RSG and STX?
On 3 years of weekly data the RSG/STX correlation comes out at -0.19, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.48) runs below the 3-year figure (-0.19). The 5-year figure is -0.02, and annualized covariance runs at -159.4 %².
Within RSG's tracked universe of 38 assets, STX comes in at #25 by 3-year correlation. Correlation aside, the last 12 months split them widely, with STX ahead by 416.4 points (-5.6% versus +410.8%). This link changes with the market regime, having swung between -0.48 and 0.26 on a rolling one-year basis. One caveat on sizing: STX is 3.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
RSG vs STX: side by side
| RSG (Republic Services) | STX (Seagate Technology) | |
|---|---|---|
| 1-year return | -5.6% | +410.8% |
| 5-year return | +87.9% | +1032.5% |
| Volatility (ann.) | 16.2% | 51.3% |
| Beta vs S&P 500 | 0.17 | 1.97 |
| Max drawdown (3Y) | -22.5% | -40.0% |
| Market cap | $67.1B | $192.0B |
| P/E (trailing) | 31.0 | 61.0 |
| Dividend yield | 1.13% | 0.35% |
| Sector / category | Industrials | Information Technology |
Year-by-year returns
| Year | RSG | STX |
|---|---|---|
| 2022 | -6.2% | -51.4% |
| 2023 | +29.6% | +69.1% |
| 2024 | +23.0% | +4.1% |
| 2025 | +6.4% | +225.3% |
| 2026 | +4.4% | +208.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RSG and STX good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between RSG and STX?
The RSG/STX correlation stands at -0.19 on a 3-year window (1 year: -0.48, 5 years: -0.02), computed from weekly returns as of 2026-08-27.
Is STX a good diversifier for RSG?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 mean?
On the −1 to +1 scale, -0.19 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/rsg-vs-stx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rsg-vs-stx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: RSG correlations · STX correlations
