RVT vs SSYS: Correlation
Measured on weekly returns over the past three years, Royce Small-Cap Trust, Inc. (RVT) and Stratasys, Ltd. (SSYS) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RVT and SSYS?
Over the past 3 years, RVT and SSYS moved with a correlation of 0.47, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.63 versus 0.47 over 3 years. Over 5 years the correlation is 0.49, and the annualized covariance of weekly returns is 450.0 %².
Within RVT's tracked universe of 116 assets, SSYS comes in at #103 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months RVT outperformed by 55.1 percentage points (+27.4% for RVT against -27.7% for SSYS). Note the risk asymmetry: SSYS runs 2.7 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.
RVT vs SSYS: side by side
| RVT (Royce Small-Cap Trust, Inc.) | SSYS (Stratasys, Ltd.) | |
|---|---|---|
| 1-year return | +27.4% | -27.7% |
| 5-year return | +53.9% | -61.1% |
| Volatility (ann.) | 19.1% | 50.7% |
| Beta vs S&P 500 | 0.99 | 1.38 |
| Max drawdown (3Y) | -23.5% | -58.4% |
| Market cap | $2.3B | $0.7B |
| P/E (trailing) | 6.5 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RVT | SSYS |
|---|---|---|
| 2022 | -26.3% | -51.6% |
| 2023 | +18.8% | +20.4% |
| 2024 | +17.9% | -37.7% |
| 2025 | +11.5% | -2.4% |
| 2026 | +21.2% | -8.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RVT and SSYS good diversifiers for each other?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between RVT and SSYS?
As of 2026-08-27, the correlation of weekly returns between RVT and SSYS is 0.47 over 3 years, 0.63 over 1 year and 0.49 over 5 years.
Is SSYS a good diversifier for RVT?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.47 mean?
On the −1 to +1 scale, 0.47 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/rvt-vs-ssys.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rvt-vs-ssys/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RVT correlations · SSYS correlations
