KNTK vs KYN: Correlation
Measured on weekly returns over the past three years, Kinetik Holdings Inc. (KNTK) and Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) carry a correlation of 0.67, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KNTK and KYN?
Over the past 3 years, KNTK and KYN moved with a correlation of 0.67, which is strong. The link has loosened recently: the 1-year correlation (0.57) runs below the 3-year figure (0.67). Over 5 years the correlation is 0.62, and the annualized covariance of weekly returns is 486.6 %².
By 3-year correlation, KYN places #4 of the 14 assets tracked against KNTK. On 12-month performance KNTK holds a 10.5-point edge, +39.6% against +29.1%. Note the risk asymmetry: KNTK runs 1.5 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.
KNTK vs KYN: side by side
| KNTK (Kinetik Holdings Inc.) | KYN (Kayne Anderson Energy Infrastructure Fund, Inc.) | |
|---|---|---|
| 1-year return | +39.6% | +29.1% |
| 5-year return | +147.1% | +190.9% |
| Volatility (ann.) | 33.1% | 22.0% |
| Beta vs S&P 500 | 0.63 | 0.44 |
| Max drawdown (3Y) | -49.0% | -21.6% |
| Market cap | $9.2B | $2.5B |
| P/E (trailing) | 19.3 | 5.1 |
| Dividend yield | 5.83% | 6.64% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KNTK | KYN |
|---|---|---|
| 2022 | +14.6% | +20.5% |
| 2023 | +10.9% | +13.2% |
| 2024 | +83.1% | +60.4% |
| 2025 | -31.9% | +5.3% |
| 2026 | +59.0% | +25.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KNTK and KYN good diversifiers for each other?
To a limited degree. At 0.67 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between KNTK and KYN?
The KNTK/KYN correlation stands at 0.67 on a 3-year window (1 year: 0.57, 5 years: 0.62), computed from weekly returns as of 2026-08-27.
Is KYN a good diversifier for KNTK?
To a limited degree. At 0.67 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.67 mean?
On the −1 to +1 scale, 0.67 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/kntk-vs-kyn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/kntk-vs-kyn/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KNTK correlations · KYN correlations
