CHRD vs KOS: Correlation
Chord Energy Corporation (CHRD) and Kosmos Energy Ltd. (KOS) show a strong relationship: their 3-year correlation of weekly returns is 0.67.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHRD and KOS?
Over the past 3 years, CHRD and KOS moved with a correlation of 0.67, which is strong. The relationship has been stable: the 1-year correlation (0.60) sits close to the 3-year figure. Over 5 years the correlation is 0.68, and the annualized covariance of weekly returns is 1599.8 %².
By 3-year correlation, KOS places #27 of the 38 assets tracked against CHRD. The last year tells two different stories: KOS led by 16.2 percentage points, +40.6% for CHRD against +56.8% for KOS. One caveat on sizing: KOS is 1.9 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 KOS: side by side
| CHRD (Chord Energy Corporation) | KOS (Kosmos Energy Ltd.) | |
|---|---|---|
| 1-year return | +40.6% | +56.8% |
| 5-year return | +164.0% | +24.8% |
| Volatility (ann.) | 35.4% | 67.5% |
| Beta vs S&P 500 | 0.34 | 0.59 |
| Max drawdown (3Y) | -53.9% | -89.4% |
| Market cap | $8.0B | $1.7B |
| P/E (trailing) | 9.5 | – |
| Dividend yield | 3.71% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CHRD | KOS |
|---|---|---|
| 2022 | +34.1% | +83.8% |
| 2023 | +31.7% | +5.5% |
| 2024 | -25.0% | -49.0% |
| 2025 | -16.4% | -73.4% |
| 2026 | +62.0% | +215.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHRD and KOS good diversifiers for each other?
Only partially. A correlation of 0.67 means CHRD and KOS 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 CHRD and KOS?
As of 2026-08-27, the correlation of weekly returns between CHRD and KOS is 0.67 over 3 years, 0.60 over 1 year and 0.68 over 5 years.
Is KOS a good diversifier for CHRD?
Only partially. A correlation of 0.67 means CHRD and KOS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.67 mean?
On the −1 to +1 scale, 0.67 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/chrd-vs-kos.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/chrd-vs-kos/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CHRD correlations · KOS correlations
