RVT vs VMC: Correlation
Royce Small-Cap Trust, Inc. (RVT) and Vulcan Materials Company (VMC) show a moderate relationship: their 3-year correlation of weekly returns is 0.59.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RVT and VMC?
Over the past 3 years, RVT and VMC moved with a correlation of 0.59, which is moderate. Recent behaviour matches the longer record: 0.61 over 1 year against 0.59 over 3. Over 5 years the correlation is 0.61, and the annualized covariance of weekly returns is 283.5 %².
Within RVT's tracked universe of 116 assets, VMC comes in at #47 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months RVT outperformed by 32.6 percentage points (+27.4% for RVT against -5.2% for VMC).
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 VMC: side by side
| RVT (Royce Small-Cap Trust, Inc.) | VMC (Vulcan Materials Company) | |
|---|---|---|
| 1-year return | +27.4% | -5.2% |
| 5-year return | +53.9% | +53.2% |
| Volatility (ann.) | 19.1% | 25.2% |
| Beta vs S&P 500 | 0.99 | 0.82 |
| Max drawdown (3Y) | -23.5% | -24.4% |
| Market cap | $2.3B | $35.5B |
| P/E (trailing) | 6.5 | 32.3 |
| Dividend yield | 0.00% | 0.74% |
| Sector / category | US Listed | Materials |
Year-by-year returns
| Year | RVT | VMC |
|---|---|---|
| 2022 | -26.3% | -14.9% |
| 2023 | +18.8% | +30.8% |
| 2024 | +17.9% | +14.1% |
| 2025 | +11.5% | +11.7% |
| 2026 | +21.2% | -3.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RVT and VMC good diversifiers for each other?
Only partially. A correlation of 0.59 means RVT and VMC 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 VMC?
As of 2026-08-27, the correlation of weekly returns between RVT and VMC is 0.59 over 3 years, 0.61 over 1 year and 0.61 over 5 years.
Is VMC a good diversifier for RVT?
Only partially. A correlation of 0.59 means RVT and VMC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.59 mean?
A reading of 0.59 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-vmc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rvt-vs-vmc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: RVT correlations · VMC correlations
