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ACDC vs RES: Correlation

ProFrac Holding Corp. (ACDC) and RPC, Inc. (RES) show a strong relationship: their 3-year correlation of weekly returns is 0.61.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.61
strong
Correlation (1Y)
0.69
last 12 months
Correlation (5Y)
0.62
long-run
Ann. covariance
2166.4
%² · weekly, annualized

How correlated are ACDC and RES?

Over the past 3 years, ACDC and RES moved with a correlation of 0.61, which is strong. The relationship has been stable: the 1-year correlation (0.69) sits close to the 3-year figure. Over 5 years the correlation is 0.62, and the annualized covariance of weekly returns is 2166.4 %².

RES is one of the assets that tracks ACDC most closely: it ranks #3 out of the 12 assets we track against ACDC. Over the last 12 months RES came out ahead by 13.8 percentage points (+26.7% against +40.5%). Risk is not evenly split, since ACDC carries 1.8 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 RES: side by side

ACDC (ProFrac Holding Corp.)RES (RPC, Inc.)
1-year return+26.7%+40.5%
5-year return-71.0%+84.8%
Volatility (ann.)79.9%44.2%
Beta vs S&P 5001.300.56
Max drawdown (3Y)-73.1%-51.9%
Market cap$1.0B$1.4B
P/E (trailing)58.2
Dividend yield0.00%2.61%
Sector / categoryUS ListedUS Listed
Higher yield: RES 2.61% vs 0.00%Smaller drawdown: RES -51.9% vs -73.1%Higher 5y return: RES +84.8% vs -71.0%
-16%0%+97%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). ACDC · RES

Year-by-year returns

YearACDCRES
2022+96.7%
2023-66.3%-16.4%
2024-8.5%-16.4%
2025-49.9%-5.5%
2026+35.2%+20.0%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ACDC and RES good diversifiers for each other?

Only partially. A correlation of 0.61 means ACDC and RES 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 ACDC and RES?

Using weekly returns as of 2026-08-27: 0.61 over 3 years, with 0.69 over the last year and 0.62 over 5 years.

Is RES a good diversifier for ACDC?

Only partially. A correlation of 0.61 means ACDC and RES share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

What does a correlation of 0.61 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

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ACDC vs RES: 3-year weekly correlation 0.61ACDC vs RES0.61

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Related comparisons

Hubs: ACDC correlations · RES correlations