KYN vs TYG: Correlation
Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) and Tortoise Energy Infrastructure Corporation (TYG) 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 TYG?
Over the past 3 years, KYN and TYG moved with a correlation of 0.78, which is strong. The link has loosened recently: the 1-year correlation (0.67) runs below the 3-year figure (0.78). Over 5 years the correlation is 0.84, and the annualized covariance of weekly returns is 364.6 %².
Among the 25 assets we track against KYN, TYG ranks #5 by 3-year correlation. The last year tells two different stories: KYN led by 15.0 percentage points, +29.1% for KYN against +14.1% for TYG.
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 TYG: side by side
| KYN (Kayne Anderson Energy Infrastructure Fund, Inc.) | TYG (Tortoise Energy Infrastructure Corporation) | |
|---|---|---|
| 1-year return | +29.1% | +14.1% |
| 5-year return | +190.9% | +162.5% |
| Volatility (ann.) | 22.0% | 21.2% |
| Beta vs S&P 500 | 0.44 | 0.45 |
| Max drawdown (3Y) | -21.6% | -25.1% |
| Market cap | $2.5B | – |
| P/E (trailing) | 5.1 | 6.0 |
| Dividend yield | 6.64% | 11.89% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KYN | TYG |
|---|---|---|
| 2022 | +20.5% | +24.2% |
| 2023 | +13.2% | -0.4% |
| 2024 | +60.4% | +60.2% |
| 2025 | +5.3% | +8.5% |
| 2026 | +25.5% | +15.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KYN and TYG good diversifiers for each other?
To a limited degree. At 0.78 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 TYG?
The KYN/TYG correlation stands at 0.78 on a 3-year window (1 year: 0.67, 5 years: 0.84), computed from weekly returns as of 2026-08-27.
Is TYG a good diversifier for KYN?
To a limited degree. At 0.78 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 0.78 mean?
A reading of 0.78 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: KYN correlations · TYG correlations
