RVT vs ZUMZ: Correlation
Royce Small-Cap Trust, Inc. (RVT) and Zumiez Inc. (ZUMZ) show a moderate relationship: their 3-year correlation of weekly returns is 0.52.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RVT and ZUMZ?
On 3 years of weekly data the RVT/ZUMZ correlation comes out at 0.52, moderate. Little has changed lately, as the 1-year reading of 0.58 lands near the 3-year figure. The 5-year figure is 0.50, and annualized covariance runs at 500.5 %².
By 3-year correlation, ZUMZ places #83 of the 116 assets tracked against RVT. Correlation aside, the last 12 months split them widely, with RVT ahead by 30.7 points (+27.4% versus -3.3%). Risk is not evenly split, since ZUMZ carries 2.6 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 ZUMZ: side by side
| RVT (Royce Small-Cap Trust, Inc.) | ZUMZ (Zumiez Inc.) | |
|---|---|---|
| 1-year return | +27.4% | -3.3% |
| 5-year return | +53.9% | -57.5% |
| Volatility (ann.) | 19.1% | 50.2% |
| Beta vs S&P 500 | 0.99 | 1.20 |
| Max drawdown (3Y) | -23.5% | -60.2% |
| Market cap | $2.3B | $0.3B |
| P/E (trailing) | 6.5 | 24.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RVT | ZUMZ |
|---|---|---|
| 2022 | -26.3% | -54.7% |
| 2023 | +18.8% | -6.4% |
| 2024 | +17.9% | -5.8% |
| 2025 | +11.5% | +35.9% |
| 2026 | +21.2% | -32.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RVT and ZUMZ good diversifiers for each other?
To a limited degree. At 0.52 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between RVT and ZUMZ?
As of 2026-08-27, the correlation of weekly returns between RVT and ZUMZ is 0.52 over 3 years, 0.58 over 1 year and 0.50 over 5 years.
Is ZUMZ a good diversifier for RVT?
To a limited degree. At 0.52 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.52 mean?
A reading of 0.52 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-zumz.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/rvt-vs-zumz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: RVT correlations · ZUMZ correlations
