KYN vs TRGP: Correlation
Measured on weekly returns over the past three years, Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) and Targa Resources (TRGP) carry a correlation of 0.72, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KYN and TRGP?
On 3 years of weekly data the KYN/TRGP correlation comes out at 0.72, strong. Recent behaviour matches the longer record: 0.63 over 1 year against 0.72 over 3. The 5-year figure is 0.78, and annualized covariance runs at 495.1 %².
By 3-year correlation, TRGP places #7 of the 25 assets tracked against KYN. The last year tells two different stories: TRGP led by 49.6 percentage points, +29.1% for KYN against +78.7% for TRGP.
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 TRGP: side by side
| KYN (Kayne Anderson Energy Infrastructure Fund, Inc.) | TRGP (Targa Resources) | |
|---|---|---|
| 1-year return | +29.1% | +78.7% |
| 5-year return | +190.9% | +626.8% |
| Volatility (ann.) | 22.0% | 31.5% |
| Beta vs S&P 500 | 0.44 | 0.44 |
| Max drawdown (3Y) | -21.6% | -31.6% |
| Market cap | $2.5B | $62.0B |
| P/E (trailing) | 5.1 | 28.1 |
| Dividend yield | 6.64% | 1.53% |
| Sector / category | US Listed | Energy |
Year-by-year returns
| Year | KYN | TRGP |
|---|---|---|
| 2022 | +20.5% | +43.7% |
| 2023 | +13.2% | +21.0% |
| 2024 | +60.4% | +110.1% |
| 2025 | +5.3% | +5.7% |
| 2026 | +25.5% | +58.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KYN and TRGP good diversifiers for each other?
To a limited degree. At 0.72 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between KYN and TRGP?
Using weekly returns as of 2026-08-27: 0.72 over 3 years, with 0.63 over the last year and 0.78 over 5 years.
Is TRGP a good diversifier for KYN?
To a limited degree. At 0.72 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.72 mean?
A reading of 0.72 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-trgp.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/kyn-vs-trgp/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KYN correlations · TRGP correlations
