KYN vs SBR: Correlation
Measured on weekly returns over the past three years, Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) and Sabine Royalty Trust (SBR) carry a correlation of 0.46, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KYN and SBR?
Over the past 3 years, KYN and SBR moved with a correlation of 0.46, which is moderate. The relationship has been stable: the 1-year correlation (0.54) sits close to the 3-year figure. Over 5 years the correlation is 0.58, and the annualized covariance of weekly returns is 230.0 %².
Among the 25 assets we track against KYN, SBR ranks #16 by 3-year correlation. The last year tells two different stories: KYN led by 20.0 percentage points, +29.1% for KYN against +9.1% for SBR.
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 SBR: side by side
| KYN (Kayne Anderson Energy Infrastructure Fund, Inc.) | SBR (Sabine Royalty Trust) | |
|---|---|---|
| 1-year return | +29.1% | +9.1% |
| 5-year return | +190.9% | +200.0% |
| Volatility (ann.) | 22.0% | 22.9% |
| Beta vs S&P 500 | 0.44 | 0.33 |
| Max drawdown (3Y) | -21.6% | -18.5% |
| Market cap | $2.5B | $1.1B |
| P/E (trailing) | 5.1 | 15.1 |
| Dividend yield | 6.64% | 6.55% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KYN | SBR |
|---|---|---|
| 2022 | +20.5% | +132.1% |
| 2023 | +13.2% | -13.1% |
| 2024 | +60.4% | +4.1% |
| 2025 | +5.3% | +14.0% |
| 2026 | +25.5% | +12.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KYN and SBR good diversifiers for each other?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between KYN and SBR?
As of 2026-08-27, the correlation of weekly returns between KYN and SBR is 0.46 over 3 years, 0.54 over 1 year and 0.58 over 5 years.
Is SBR a good diversifier for KYN?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.46 mean?
On the −1 to +1 scale, 0.46 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/kyn-vs-sbr.json
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Related comparisons
Hubs: KYN correlations · SBR correlations
