CHRD vs TALO: Correlation
Measured on weekly returns over the past three years, Chord Energy Corporation (CHRD) and Talos Energy, Inc. (TALO) carry a correlation of 0.77, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHRD and TALO?
On 3 years of weekly data the CHRD/TALO correlation comes out at 0.77, strong. The relationship has been stable: the 1-year correlation (0.78) sits close to the 3-year figure. The 5-year figure is 0.70, and annualized covariance runs at 1227.9 %².
Among the 38 assets we track against CHRD, TALO ranks #16 by 3-year correlation. Correlation aside, the last 12 months split them widely, with TALO ahead by 34.6 points (+40.6% versus +75.2%).
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 TALO: side by side
| CHRD (Chord Energy Corporation) | TALO (Talos Energy, Inc.) | |
|---|---|---|
| 1-year return | +40.6% | +75.2% |
| 5-year return | +164.0% | +37.6% |
| Volatility (ann.) | 35.4% | 45.1% |
| Beta vs S&P 500 | 0.34 | 0.35 |
| Max drawdown (3Y) | -53.9% | -63.2% |
| Market cap | $8.0B | $2.8B |
| P/E (trailing) | 9.5 | – |
| Dividend yield | 3.71% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CHRD | TALO |
|---|---|---|
| 2022 | +34.1% | +92.7% |
| 2023 | +31.7% | -24.6% |
| 2024 | -25.0% | -31.8% |
| 2025 | -16.4% | +13.5% |
| 2026 | +62.0% | +51.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHRD and TALO good diversifiers for each other?
To a limited degree. At 0.77 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 TALO?
The CHRD/TALO correlation stands at 0.77 on a 3-year window (1 year: 0.78, 5 years: 0.70), computed from weekly returns as of 2026-08-27.
Is TALO a good diversifier for CHRD?
To a limited degree. At 0.77 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 0.77 mean?
A reading of 0.77 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: CHRD correlations · TALO correlations
