EPSN vs SMC: Correlation
Epsilon Energy Ltd. (EPSN) and Summit Midstream Corporation (SMC) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EPSN and SMC?
Over the past 3 years, EPSN and SMC moved with a correlation of 0.37, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.56 versus 0.37 over 3 years. Over 5 years the correlation is 0.31, and the annualized covariance of weekly returns is 602.5 %².
By 3-year correlation, SMC places #6 of the 13 assets tracked against EPSN. Correlation aside, the last 12 months split them widely, with SMC ahead by 60.6 points (+4.6% versus +65.2%). Note the risk asymmetry: SMC runs 1.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
EPSN vs SMC: side by side
| EPSN (Epsilon Energy Ltd.) | SMC (Summit Midstream Corporation) | |
|---|---|---|
| 1-year return | +4.6% | +65.2% |
| 5-year return | +42.0% | +1.2% |
| Volatility (ann.) | 31.1% | 52.2% |
| Beta vs S&P 500 | 0.12 | 0.43 |
| Max drawdown (3Y) | -48.1% | -57.3% |
| Market cap | $0.2B | $0.5B |
| P/E (trailing) | – | – |
| Dividend yield | 4.28% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EPSN | SMC |
|---|---|---|
| 2022 | +21.4% | -24.9% |
| 2023 | -19.5% | +7.4% |
| 2024 | +28.2% | +110.9% |
| 2025 | -22.1% | -29.4% |
| 2026 | +30.2% | +27.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EPSN and SMC good diversifiers for each other?
Reasonably. At 0.37, EPSN and SMC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between EPSN and SMC?
The EPSN/SMC correlation stands at 0.37 on a 3-year window (1 year: 0.56, 5 years: 0.31), computed from weekly returns as of 2026-08-27.
Is SMC a good diversifier for EPSN?
Reasonably. At 0.37, EPSN and SMC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 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/epsn-vs-smc.json
Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: EPSN correlations · SMC correlations
