RVT vs TTC: Correlation
Measured on weekly returns over the past three years, Royce Small-Cap Trust, Inc. (RVT) and Toro Company (The) (TTC) carry a correlation of 0.58, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RVT and TTC?
On 3 years of weekly data the RVT/TTC correlation comes out at 0.58, moderate. The relationship has been stable: the 1-year correlation (0.61) sits close to the 3-year figure. The 5-year figure is 0.57, and annualized covariance runs at 341.2 %².
Within RVT's tracked universe of 116 assets, TTC comes in at #51 by 3-year correlation. Neither side won the trailing year by much: +27.4% against +22.8%. Risk is not evenly split, since TTC carries 1.6 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.
RVT vs TTC: side by side
| RVT (Royce Small-Cap Trust, Inc.) | TTC (Toro Company (The)) | |
|---|---|---|
| 1-year return | +27.4% | +22.8% |
| 5-year return | +53.9% | -3.5% |
| Volatility (ann.) | 19.1% | 31.1% |
| Beta vs S&P 500 | 0.99 | 0.98 |
| Max drawdown (3Y) | -23.5% | -36.9% |
| Market cap | $2.3B | – |
| P/E (trailing) | 6.5 | 28.9 |
| Dividend yield | 0.00% | 1.53% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RVT | TTC |
|---|---|---|
| 2022 | -26.3% | +14.9% |
| 2023 | +18.8% | -14.0% |
| 2024 | +17.9% | -15.2% |
| 2025 | +11.5% | +0.3% |
| 2026 | +21.2% | +27.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RVT and TTC good diversifiers for each other?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between RVT and TTC?
The RVT/TTC correlation stands at 0.58 on a 3-year window (1 year: 0.61, 5 years: 0.57), computed from weekly returns as of 2026-08-27.
Is TTC a good diversifier for RVT?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.58 mean?
On the −1 to +1 scale, 0.58 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-ttc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rvt-vs-ttc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RVT correlations · TTC correlations
