KYN vs LB: Correlation
Measured on weekly returns over the past three years, Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) and LandBridge Company LLC Class A Shares Representing Limited (LB) carry a correlation of 0.50, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KYN and LB?
Over the past 3 years, KYN and LB moved with a correlation of 0.50, which is moderate. The link has loosened recently: the 1-year correlation (0.38) runs below the 3-year figure (0.50). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 721.3 %².
Within KYN's tracked universe of 25 assets, LB comes in at #14 by 3-year correlation. Correlation aside, the last 12 months split them widely, with LB ahead by 44.1 points (+29.1% versus +73.2%). Risk is not evenly split, since LB carries 2.9 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.
KYN vs LB: side by side
| KYN (Kayne Anderson Energy Infrastructure Fund, Inc.) | LB (LandBridge Company LLC Class A Shares Representing Limited) | |
|---|---|---|
| 1-year return | +29.1% | +73.2% |
| 5-year return | +190.9% | n/a |
| Volatility (ann.) | 22.0% | 63.4% |
| Beta vs S&P 500 | 0.44 | 1.65 |
| Max drawdown (3Y) | -21.6% | -48.2% |
| Market cap | $2.5B | $6.9B |
| P/E (trailing) | 5.1 | 79.0 |
| Dividend yield | 6.64% | 0.50% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KYN | LB |
|---|---|---|
| 2022 | +20.5% | – |
| 2023 | +13.2% | – |
| 2024 | +60.4% | – |
| 2025 | +5.3% | -23.7% |
| 2026 | +25.5% | +82.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KYN and LB good diversifiers for each other?
Only partially. A correlation of 0.50 means KYN and LB 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 KYN and LB?
As of 2026-08-27, the correlation of weekly returns between KYN and LB is 0.50 over 3 years, 0.38 over 1 year and n/a over 5 years.
Is LB a good diversifier for KYN?
Only partially. A correlation of 0.50 means KYN and LB share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.50 mean?
A reading of 0.50 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/kyn-vs-lb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kyn-vs-lb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KYN correlations · LB correlations
