CHRD vs EPSN: Correlation
How closely do Chord Energy Corporation (CHRD) and Epsilon Energy Ltd. (EPSN) trade together? Their weekly returns over three years give a correlation of 0.60, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHRD and EPSN?
Over the past 3 years, CHRD and EPSN moved with a correlation of 0.60, which is strong. Little has changed lately, as the 1-year reading of 0.69 lands near the 3-year figure. Over 5 years the correlation is 0.52, and the annualized covariance of weekly returns is 662.8 %².
By 3-year correlation, EPSN places #31 of the 38 assets tracked against CHRD. The last year tells two different stories: CHRD led by 36.0 percentage points, +40.6% for CHRD against +4.6% for EPSN.
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.
CHRD vs EPSN: side by side
| CHRD (Chord Energy Corporation) | EPSN (Epsilon Energy Ltd.) | |
|---|---|---|
| 1-year return | +40.6% | +4.6% |
| 5-year return | +164.0% | +42.0% |
| Volatility (ann.) | 35.4% | 31.1% |
| Beta vs S&P 500 | 0.34 | 0.12 |
| Max drawdown (3Y) | -53.9% | -48.1% |
| Market cap | $8.0B | $0.2B |
| P/E (trailing) | 9.5 | – |
| Dividend yield | 3.71% | 4.28% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CHRD | EPSN |
|---|---|---|
| 2022 | +34.1% | +21.4% |
| 2023 | +31.7% | -19.5% |
| 2024 | -25.0% | +28.2% |
| 2025 | -16.4% | -22.1% |
| 2026 | +62.0% | +30.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHRD and EPSN good diversifiers for each other?
To a limited degree. At 0.60 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 CHRD and EPSN?
Using weekly returns as of 2026-08-27: 0.60 over 3 years, with 0.69 over the last year and 0.52 over 5 years.
Is EPSN a good diversifier for CHRD?
To a limited degree. At 0.60 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 0.60 mean?
A reading of 0.60 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/chrd-vs-epsn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/chrd-vs-epsn/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CHRD correlations · EPSN correlations
