CRT vs SU: Correlation
Cross Timbers Royalty Trust (CRT) and Suncor Energy Inc. (SU) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRT and SU?
On 3 years of weekly data the CRT/SU correlation comes out at 0.46, moderate. Recent behaviour matches the longer record: 0.52 over 1 year against 0.46 over 3. The 5-year figure is 0.46, and annualized covariance runs at 486.6 %².
In CRT's tracked universe of 11 assets, SU sits right near the top at #1. Correlation aside, the last 12 months split them widely, with SU ahead by 35.3 points (+29.0% versus +64.3%).
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.
CRT vs SU: side by side
| CRT (Cross Timbers Royalty Trust) | SU (Suncor Energy Inc.) | |
|---|---|---|
| 1-year return | +29.0% | +64.3% |
| 5-year return | +30.9% | +325.4% |
| Volatility (ann.) | 36.4% | 29.1% |
| Beta vs S&P 500 | 0.11 | 0.13 |
| Max drawdown (3Y) | -63.5% | -22.7% |
| Market cap | $0.1B | $78.4B |
| P/E (trailing) | 19.8 | 12.1 |
| Dividend yield | 5.05% | 3.61% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRT | SU |
|---|---|---|
| 2022 | +145.9% | +32.3% |
| 2023 | -24.4% | +6.0% |
| 2024 | -39.1% | +16.2% |
| 2025 | -13.1% | +27.1% |
| 2026 | +36.2% | +51.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRT and SU good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CRT and SU?
Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.52 over the last year and 0.46 over 5 years.
Is SU a good diversifier for CRT?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.46 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/crt-vs-su.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/crt-vs-su/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CRT correlations · SU correlations
