AMPY vs VET: Correlation
How closely do Amplify Energy Corp. (AMPY) and Vermilion Energy Inc. Common (Canada) (VET) trade together? Their weekly returns over three years give a correlation of 0.65, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMPY and VET?
Over the past 3 years, AMPY and VET moved with a correlation of 0.65, which is strong. The relationship has been stable: the 1-year correlation (0.59) sits close to the 3-year figure. Over 5 years the correlation is 0.64, and the annualized covariance of weekly returns is 1591.1 %².
Few assets follow AMPY as closely as VET, which ranks #2 of 12 tracked partners. Correlation aside, the last 12 months split them widely, with VET ahead by 52.7 points (+15.7% versus +68.4%).
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 VET: side by side
| AMPY (Amplify Energy Corp.) | VET (Vermilion Energy Inc. Common (Canada)) | |
|---|---|---|
| 1-year return | +15.7% | +68.4% |
| 5-year return | +30.1% | +115.2% |
| Volatility (ann.) | 56.4% | 43.6% |
| Beta vs S&P 500 | 0.28 | 0.31 |
| Max drawdown (3Y) | -71.1% | -63.4% |
| Market cap | $0.2B | $1.9B |
| P/E (trailing) | 9.1 | – |
| Dividend yield | 0.00% | 4.32% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMPY | VET |
|---|---|---|
| 2022 | +182.6% | +42.1% |
| 2023 | -32.5% | -30.3% |
| 2024 | +1.2% | -19.4% |
| 2025 | -23.8% | -9.1% |
| 2026 | +3.1% | +55.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMPY and VET good diversifiers for each other?
Somewhat, no more. With 0.65 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between AMPY and VET?
The AMPY/VET correlation stands at 0.65 on a 3-year window (1 year: 0.59, 5 years: 0.64), computed from weekly returns as of 2026-08-27.
Is VET a good diversifier for AMPY?
Somewhat, no more. With 0.65 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.65 mean?
A reading of 0.65 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/ampy-vs-vet.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ampy-vs-vet/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AMPY correlations · VET correlations
