KYN vs MLPB: Correlation
Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) and ETRACS Alerian MLP Infrastructure Index ETN Series B due (MLPB) show a strong relationship: their 3-year correlation of weekly returns is 0.78.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KYN and MLPB?
On 3 years of weekly data the KYN/MLPB correlation comes out at 0.78, strong. Little has changed lately, as the 1-year reading of 0.78 lands near the 3-year figure. The 5-year figure is 0.84, and annualized covariance runs at 285.1 %².
Among the 25 assets we track against KYN, MLPB ranks #4 by 3-year correlation. Their 12-month results are close: +29.1% for KYN against +29.4% for MLPB.
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 MLPB: side by side
| KYN (Kayne Anderson Energy Infrastructure Fund, Inc.) | MLPB (ETRACS Alerian MLP Infrastructure Index ETN Series B due) | |
|---|---|---|
| 1-year return | +29.1% | +29.4% |
| 5-year return | +190.9% | +186.2% |
| Volatility (ann.) | 22.0% | 16.5% |
| Beta vs S&P 500 | 0.44 | 0.32 |
| Max drawdown (3Y) | -21.6% | -16.5% |
| Market cap | $2.5B | – |
| P/E (trailing) | 5.1 | – |
| Dividend yield | 6.64% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KYN | MLPB |
|---|---|---|
| 2022 | +20.5% | +30.2% |
| 2023 | +13.2% | +22.0% |
| 2024 | +60.4% | +25.5% |
| 2025 | +5.3% | +7.4% |
| 2026 | +25.5% | +29.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KYN and MLPB good diversifiers for each other?
Somewhat, no more. With 0.78 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between KYN and MLPB?
The KYN/MLPB correlation stands at 0.78 on a 3-year window (1 year: 0.78, 5 years: 0.84), computed from weekly returns as of 2026-08-27.
Is MLPB a good diversifier for KYN?
Somewhat, no more. With 0.78 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.78 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/kyn-vs-mlpb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kyn-vs-mlpb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KYN correlations · MLPB correlations
