DK vs MPC: Correlation
Measured on weekly returns over the past three years, Delek US Holdings, Inc. (DK) and Marathon Petroleum (MPC) carry a correlation of 0.79, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DK and MPC?
On 3 years of weekly data the DK/MPC correlation comes out at 0.79, strong. The relationship has been stable: the 1-year correlation (0.76) sits close to the 3-year figure. The 5-year figure is 0.77, and annualized covariance runs at 1468.6 %².
MPC is one of the assets that tracks DK most closely: it ranks #2 out of the 14 assets we track against DK. Their recent paths diverged sharply: over the last 12 months DK outperformed by 58.1 percentage points (+165.9% for DK against +107.8% for MPC). One caveat on sizing: DK is 1.6 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.
DK vs MPC: side by side
| DK (Delek US Holdings, Inc.) | MPC (Marathon Petroleum) | |
|---|---|---|
| 1-year return | +165.9% | +107.8% |
| 5-year return | +392.8% | +589.6% |
| Volatility (ann.) | 54.6% | 34.2% |
| Beta vs S&P 500 | 0.53 | 0.48 |
| Max drawdown (3Y) | -63.6% | -44.7% |
| Market cap | $4.3B | $102.1B |
| P/E (trailing) | 19.3 | 12.6 |
| Dividend yield | 1.44% | 1.10% |
| Sector / category | US Listed | Energy |
Year-by-year returns
| Year | DK | MPC |
|---|---|---|
| 2022 | +84.0% | +86.6% |
| 2023 | -0.8% | +30.5% |
| 2024 | -25.0% | -4.1% |
| 2025 | +68.7% | +19.2% |
| 2026 | +140.7% | +126.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DK and MPC good diversifiers for each other?
Only partially. A correlation of 0.79 means DK and MPC 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 DK and MPC?
The DK/MPC correlation stands at 0.79 on a 3-year window (1 year: 0.76, 5 years: 0.77), computed from weekly returns as of 2026-08-27.
Is MPC a good diversifier for DK?
Only partially. A correlation of 0.79 means DK and MPC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.79 mean?
On the −1 to +1 scale, 0.79 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/dk-vs-mpc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dk-vs-mpc/)
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Related comparisons
Hubs: DK correlations · MPC correlations
