HCC vs SXC: Correlation
Warrior Met Coal, Inc. (HCC) and SunCoke Energy, Inc. (SXC) show a moderate relationship: their 3-year correlation of weekly returns is 0.47.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HCC and SXC?
Over the past 3 years, HCC and SXC moved with a correlation of 0.47, which is moderate. The past 12 months show a weaker link (0.22) than the 3-year average (0.47). Over 5 years the correlation is 0.55, and the annualized covariance of weekly returns is 922.1 %².
Among the 10 assets we track against HCC, SXC ranks #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with HCC ahead by 38.4 points (+84.3% versus +45.9%).
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.
HCC vs SXC: side by side
| HCC (Warrior Met Coal, Inc.) | SXC (SunCoke Energy, Inc.) | |
|---|---|---|
| 1-year return | +84.3% | +45.9% |
| 5-year return | +450.1% | +84.8% |
| Volatility (ann.) | 48.0% | 40.5% |
| Beta vs S&P 500 | 0.98 | 0.74 |
| Max drawdown (3Y) | -45.5% | -52.0% |
| Market cap | $5.7B | $0.9B |
| P/E (trailing) | 25.3 | – |
| Dividend yield | 0.30% | 4.89% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HCC | SXC |
|---|---|---|
| 2022 | +41.0% | +35.9% |
| 2023 | +81.6% | +29.8% |
| 2024 | -9.8% | +4.0% |
| 2025 | +63.5% | -28.6% |
| 2026 | +23.1% | +49.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HCC and SXC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between HCC and SXC?
As of 2026-08-27, the correlation of weekly returns between HCC and SXC is 0.47 over 3 years, 0.22 over 1 year and 0.55 over 5 years.
Is SXC a good diversifier for HCC?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.47 mean?
On the −1 to +1 scale, 0.47 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/hcc-vs-sxc.json
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[](https://www.pairbook.io/pair/hcc-vs-sxc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HCC correlations · SXC correlations
