AMUB vs KYN: Correlation
ETRACS Alerian MLP Index ETN Series B due July 18, 2042 (AMUB) and Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) show a strong relationship: their 3-year correlation of weekly returns is 0.78.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMUB and KYN?
Across a 3-year window, the weekly returns of AMUB and KYN correlate at 0.78, strong. Recent behaviour matches the longer record: 0.77 over 1 year against 0.78 over 3. Stretching to 5 years gives 0.84, with an annualized covariance of 283.0 %².
By 3-year correlation, KYN places #7 of the 20 assets tracked against AMUB. Twelve-month performance is nearly a tie, at +30.9% for AMUB and +29.1% for KYN.
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.
AMUB vs KYN: side by side
| AMUB (ETRACS Alerian MLP Index ETN Series B due July 18, 2042) | KYN (Kayne Anderson Energy Infrastructure Fund, Inc.) | |
|---|---|---|
| 1-year return | +30.9% | +29.1% |
| 5-year return | +191.0% | +190.9% |
| Volatility (ann.) | 16.5% | 22.0% |
| Beta vs S&P 500 | 0.31 | 0.44 |
| Max drawdown (3Y) | -17.0% | -21.6% |
| Market cap | – | $2.5B |
| P/E (trailing) | – | 5.1 |
| Dividend yield | – | 6.64% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMUB | KYN |
|---|---|---|
| 2022 | +29.9% | +20.5% |
| 2023 | +25.4% | +13.2% |
| 2024 | +23.0% | +60.4% |
| 2025 | +8.7% | +5.3% |
| 2026 | +29.6% | +25.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMUB and KYN good diversifiers for each other?
To a limited degree. At 0.78 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 AMUB and KYN?
The AMUB/KYN correlation stands at 0.78 on a 3-year window (1 year: 0.77, 5 years: 0.84), computed from weekly returns as of 2026-08-27.
Is KYN a good diversifier for AMUB?
To a limited degree. At 0.78 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 0.78 mean?
On the −1 to +1 scale, 0.78 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/amub-vs-kyn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/amub-vs-kyn/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AMUB correlations · KYN correlations
