RVT vs STKS: Correlation
How closely do Royce Small-Cap Trust, Inc. (RVT) and The ONE Group Hospitality, Inc. (STKS) trade together? Their weekly returns over three years give a correlation of 0.46, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RVT and STKS?
Over the past 3 years, RVT and STKS moved with a correlation of 0.46, which is moderate. Little has changed lately, as the 1-year reading of 0.40 lands near the 3-year figure. Over 5 years the correlation is 0.48, and the annualized covariance of weekly returns is 558.2 %².
By 3-year correlation, STKS places #104 of the 116 assets tracked against RVT. The last year tells two different stories: RVT led by 69.6 percentage points, +27.4% for RVT against -42.2% for STKS. Note the risk asymmetry: STKS runs 3.3 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 STKS: side by side
| RVT (Royce Small-Cap Trust, Inc.) | STKS (The ONE Group Hospitality, Inc.) | |
|---|---|---|
| 1-year return | +27.4% | -42.2% |
| 5-year return | +53.9% | -85.0% |
| Volatility (ann.) | 19.1% | 63.5% |
| Beta vs S&P 500 | 0.99 | 1.30 |
| Max drawdown (3Y) | -23.5% | -76.5% |
| Market cap | $2.3B | $0.1B |
| P/E (trailing) | 6.5 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RVT | STKS |
|---|---|---|
| 2022 | -26.3% | -50.0% |
| 2023 | +18.8% | -2.9% |
| 2024 | +17.9% | -52.6% |
| 2025 | +11.5% | -39.7% |
| 2026 | +21.2% | -5.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RVT and STKS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between RVT and STKS?
Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.40 over the last year and 0.48 over 5 years.
Is STKS a good diversifier for RVT?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.46 mean?
A reading of 0.46 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-stks.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rvt-vs-stks/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RVT correlations · STKS correlations
