RVT vs SCSC: Correlation
Measured on weekly returns over the past three years, Royce Small-Cap Trust, Inc. (RVT) and ScanSource, Inc. (SCSC) carry a correlation of 0.60, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RVT and SCSC?
Across a 3-year window, the weekly returns of RVT and SCSC correlate at 0.60, strong. The past 12 months show a weaker link (0.29) than the 3-year average (0.60). Stretching to 5 years gives 0.60, with an annualized covariance of 409.1 %².
Within RVT's tracked universe of 116 assets, SCSC comes in at #39 by 3-year correlation. Twelve-month performance is nearly a tie, at +27.4% for RVT and +30.0% for SCSC. One caveat on sizing: SCSC is 1.9 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.
RVT vs SCSC: side by side
| RVT (Royce Small-Cap Trust, Inc.) | SCSC (ScanSource, Inc.) | |
|---|---|---|
| 1-year return | +27.4% | +30.0% |
| 5-year return | +53.9% | +60.7% |
| Volatility (ann.) | 19.1% | 35.5% |
| Beta vs S&P 500 | 0.99 | 1.21 |
| Max drawdown (3Y) | -23.5% | -44.2% |
| Market cap | $2.3B | $1.2B |
| P/E (trailing) | 6.5 | 15.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RVT | SCSC |
|---|---|---|
| 2022 | -26.3% | -16.7% |
| 2023 | +18.8% | +35.6% |
| 2024 | +17.9% | +19.8% |
| 2025 | +11.5% | -17.7% |
| 2026 | +21.2% | +48.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RVT and SCSC good diversifiers for each other?
Only partially. A correlation of 0.60 means RVT and SCSC 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 RVT and SCSC?
Using weekly returns as of 2026-08-27: 0.60 over 3 years, with 0.29 over the last year and 0.60 over 5 years.
Is SCSC a good diversifier for RVT?
Only partially. A correlation of 0.60 means RVT and SCSC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.60 mean?
A reading of 0.60 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/rvt-vs-scsc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rvt-vs-scsc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RVT correlations · SCSC correlations
