ACDC vs PTEN: Correlation
ProFrac Holding Corp. (ACDC) and Patterson-UTI Energy, Inc. (PTEN) show a moderate relationship: their 3-year correlation of weekly returns is 0.57.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACDC and PTEN?
Across a 3-year window, the weekly returns of ACDC and PTEN correlate at 0.57, moderate. Little has changed lately, as the 1-year reading of 0.61 lands near the 3-year figure. Stretching to 5 years gives 0.60, with an annualized covariance of 2222.5 %².
By 3-year correlation, PTEN places #4 of the 12 assets tracked against ACDC. The last year tells two different stories: PTEN led by 98.7 percentage points, +26.7% for ACDC against +125.4% for PTEN. Risk is not evenly split, since ACDC 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.
ACDC vs PTEN: side by side
| ACDC (ProFrac Holding Corp.) | PTEN (Patterson-UTI Energy, Inc.) | |
|---|---|---|
| 1-year return | +26.7% | +125.4% |
| 5-year return | -71.0% | +84.8% |
| Volatility (ann.) | 79.9% | 48.6% |
| Beta vs S&P 500 | 1.30 | 0.60 |
| Max drawdown (3Y) | -73.1% | -64.6% |
| Market cap | $1.0B | $4.7B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 3.06% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACDC | PTEN |
|---|---|---|
| 2022 | – | +101.7% |
| 2023 | -66.3% | -34.2% |
| 2024 | -8.5% | -21.0% |
| 2025 | -49.9% | -22.1% |
| 2026 | +35.2% | +104.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACDC and PTEN good diversifiers for each other?
Somewhat, no more. With 0.57 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ACDC and PTEN?
Using weekly returns as of 2026-08-27: 0.57 over 3 years, with 0.61 over the last year and 0.60 over 5 years.
Is PTEN a good diversifier for ACDC?
Somewhat, no more. With 0.57 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.57 mean?
A reading of 0.57 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/acdc-vs-pten.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/acdc-vs-pten/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ACDC correlations · PTEN correlations
