RVT vs VYX: Correlation
How closely do Royce Small-Cap Trust, Inc. (RVT) and NCR Voyix Corporation (VYX) trade together? Their weekly returns over three years give a correlation of 0.52, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RVT and VYX?
On 3 years of weekly data the RVT/VYX correlation comes out at 0.52, moderate. The relationship has been stable: the 1-year correlation (0.48) sits close to the 3-year figure. The 5-year figure is 0.56, and annualized covariance runs at 472.1 %².
By 3-year correlation, VYX places #82 of the 116 assets tracked against RVT. Their recent paths diverged sharply: over the last 12 months RVT outperformed by 59.7 percentage points (+27.4% for RVT against -32.3% for VYX). Risk is not evenly split, since VYX carries 2.5 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 VYX: side by side
| RVT (Royce Small-Cap Trust, Inc.) | VYX (NCR Voyix Corporation) | |
|---|---|---|
| 1-year return | +27.4% | -32.3% |
| 5-year return | +53.9% | -65.3% |
| Volatility (ann.) | 19.1% | 47.7% |
| Beta vs S&P 500 | 0.99 | 1.47 |
| Max drawdown (3Y) | -23.5% | -67.4% |
| Market cap | $2.3B | $1.3B |
| P/E (trailing) | 6.5 | 31.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RVT | VYX |
|---|---|---|
| 2022 | -26.3% | -41.8% |
| 2023 | +18.8% | +17.7% |
| 2024 | +17.9% | -18.2% |
| 2025 | +11.5% | -26.3% |
| 2026 | +21.2% | -10.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RVT and VYX good diversifiers for each other?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between RVT and VYX?
The RVT/VYX correlation stands at 0.52 on a 3-year window (1 year: 0.48, 5 years: 0.56), computed from weekly returns as of 2026-08-27.
Is VYX a good diversifier for RVT?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.52 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/rvt-vs-vyx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/rvt-vs-vyx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: RVT correlations · VYX correlations
