DINO vs MPC: Correlation
HF Sinclair Corporation (DINO) and Marathon Petroleum (MPC) show a very strong relationship: their 3-year correlation of weekly returns is 0.85.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DINO and MPC?
On 3 years of weekly data the DINO/MPC correlation comes out at 0.85, very strong, meaning they move nearly in lockstep. Recent behaviour matches the longer record: 0.85 over 1 year against 0.85 over 3. The 5-year figure is 0.81, and annualized covariance runs at 1086.8 %².
Few assets follow DINO as closely as MPC, which ranks #1 of 15 tracked partners. The trailing year gives MPC the advantage: +99.7% versus +107.8%, a 8.1-point spread.
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.
DINO vs MPC: side by side
| DINO (HF Sinclair Corporation) | MPC (Marathon Petroleum) | |
|---|---|---|
| 1-year return | +99.7% | +107.8% |
| 5-year return | +259.1% | +589.6% |
| Volatility (ann.) | 37.3% | 34.2% |
| Beta vs S&P 500 | 0.56 | 0.48 |
| Max drawdown (3Y) | -57.4% | -44.7% |
| Market cap | $17.2B | $102.1B |
| P/E (trailing) | 9.2 | 12.6 |
| Dividend yield | 2.07% | 1.10% |
| Sector / category | US Listed | Energy |
Year-by-year returns
| Year | DINO | MPC |
|---|---|---|
| 2022 | +61.9% | +86.6% |
| 2023 | +11.0% | +30.5% |
| 2024 | -34.4% | -4.1% |
| 2025 | +38.1% | +19.2% |
| 2026 | +115.4% | +126.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DINO and MPC good diversifiers for each other?
No: a correlation of 0.85 means DINO and MPC tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between DINO and MPC?
The DINO/MPC correlation stands at 0.85 on a 3-year window (1 year: 0.85, 5 years: 0.81), computed from weekly returns as of 2026-08-27.
Is MPC a good diversifier for DINO?
No: a correlation of 0.85 means DINO and MPC tend to fall together, which is precisely when diversification is supposed to help.
What does a correlation of 0.85 mean?
On the −1 to +1 scale, 0.85 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
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Related comparisons
Hubs: DINO correlations · MPC correlations
