AMPY vs KMB: Correlation
Amplify Energy Corp. (AMPY) and Kimberly-Clark (KMB) show a negative relationship: their 3-year correlation of weekly returns is -0.27.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMPY and KMB?
Over the past 3 years, AMPY and KMB moved with a correlation of -0.27, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.33 over 1 year against -0.27 over 3. Over 5 years the correlation is -0.22, and the annualized covariance of weekly returns is -297.2 %².
Among the 12 assets we track against AMPY, KMB sits near the bottom by co-movement, at rank #12. Correlation aside, the last 12 months split them widely, with AMPY ahead by 27.1 points (+15.7% versus -11.4%). Note the risk asymmetry: AMPY runs 2.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
AMPY vs KMB: side by side
| AMPY (Amplify Energy Corp.) | KMB (Kimberly-Clark) | |
|---|---|---|
| 1-year return | +15.7% | -11.4% |
| 5-year return | +30.1% | -2.6% |
| Volatility (ann.) | 56.4% | 19.3% |
| Beta vs S&P 500 | 0.28 | 0.15 |
| Max drawdown (3Y) | -71.1% | -34.1% |
| Market cap | $0.2B | $36.6B |
| P/E (trailing) | 9.1 | 21.7 |
| Dividend yield | 0.00% | 4.60% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | AMPY | KMB |
|---|---|---|
| 2022 | +182.6% | -1.6% |
| 2023 | -32.5% | -7.1% |
| 2024 | +1.2% | +11.8% |
| 2025 | -23.8% | -19.9% |
| 2026 | +3.1% | +11.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMPY and KMB good diversifiers for each other?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
FAQ
What is the correlation between AMPY and KMB?
As of 2026-08-27, the correlation of weekly returns between AMPY and KMB is -0.27 over 3 years, -0.33 over 1 year and -0.22 over 5 years.
Is KMB a good diversifier for AMPY?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
What does a correlation of -0.27 mean?
On the −1 to +1 scale, -0.27 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
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Related comparisons
Hubs: AMPY correlations · KMB correlations
