KYN vs SRV: Correlation
Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) and NXG Cushing Midstream Energy Fund (SRV) show a strong relationship: their 3-year correlation of weekly returns is 0.60.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KYN and SRV?
Across a 3-year window, the weekly returns of KYN and SRV correlate at 0.60, strong. The relationship has been stable: the 1-year correlation (0.67) sits close to the 3-year figure. Stretching to 5 years gives 0.70, with an annualized covariance of 332.8 %².
By 3-year correlation, SRV places #13 of the 25 assets tracked against KYN. Twelve-month performance is nearly a tie, at +29.1% for KYN and +25.8% for SRV.
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 SRV: side by side
| KYN (Kayne Anderson Energy Infrastructure Fund, Inc.) | SRV (NXG Cushing Midstream Energy Fund) | |
|---|---|---|
| 1-year return | +29.1% | +25.8% |
| 5-year return | +190.9% | +220.3% |
| Volatility (ann.) | 22.0% | 25.1% |
| Beta vs S&P 500 | 0.44 | 0.46 |
| Max drawdown (3Y) | -21.6% | -26.3% |
| Market cap | $2.5B | $0.3B |
| P/E (trailing) | 5.1 | 3.1 |
| Dividend yield | 6.64% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KYN | SRV |
|---|---|---|
| 2022 | +20.5% | +20.1% |
| 2023 | +13.2% | +16.8% |
| 2024 | +60.4% | +50.7% |
| 2025 | +5.3% | +5.0% |
| 2026 | +25.5% | +26.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KYN and SRV good diversifiers for each other?
Only partially. A correlation of 0.60 means KYN and SRV 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 SRV?
As of 2026-08-27, the correlation of weekly returns between KYN and SRV is 0.60 over 3 years, 0.67 over 1 year and 0.70 over 5 years.
Is SRV a good diversifier for KYN?
Only partially. A correlation of 0.60 means KYN and SRV share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.60 mean?
A reading of 0.60 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-srv.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/kyn-vs-srv/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KYN correlations · SRV correlations
