KOS vs VET: Correlation
Kosmos Energy Ltd. (KOS) and Vermilion Energy Inc. Common (Canada) (VET) show a strong relationship: their 3-year correlation of weekly returns is 0.70.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KOS and VET?
Across a 3-year window, the weekly returns of KOS and VET correlate at 0.70, strong. The relationship has been stable: the 1-year correlation (0.63) sits close to the 3-year figure. Stretching to 5 years gives 0.69, with an annualized covariance of 2076.9 %².
In KOS's tracked universe of 13 assets, VET sits right near the top at #1. Over the last 12 months VET came out ahead by 11.6 percentage points (+56.8% against +68.4%). Risk is not evenly split, since KOS carries 1.5 times the volatility of the other side.
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.
KOS vs VET: side by side
| KOS (Kosmos Energy Ltd.) | VET (Vermilion Energy Inc. Common (Canada)) | |
|---|---|---|
| 1-year return | +56.8% | +68.4% |
| 5-year return | +24.8% | +115.2% |
| Volatility (ann.) | 67.5% | 43.6% |
| Beta vs S&P 500 | 0.59 | 0.31 |
| Max drawdown (3Y) | -89.4% | -63.4% |
| Market cap | $1.7B | $1.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 4.32% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KOS | VET |
|---|---|---|
| 2022 | +83.8% | +42.1% |
| 2023 | +5.5% | -30.3% |
| 2024 | -49.0% | -19.4% |
| 2025 | -73.4% | -9.1% |
| 2026 | +215.4% | +55.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KOS and VET good diversifiers for each other?
Somewhat, no more. With 0.70 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between KOS and VET?
As of 2026-08-27, the correlation of weekly returns between KOS and VET is 0.70 over 3 years, 0.63 over 1 year and 0.69 over 5 years.
Is VET a good diversifier for KOS?
Somewhat, no more. With 0.70 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.70 mean?
On the −1 to +1 scale, 0.70 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.
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Related comparisons
Hubs: KOS correlations · VET correlations
