KYN vs UZX: Correlation
Measured on weekly returns over the past three years, Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) and Linkage Global Inc - Class A (UZX) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KYN and UZX?
Over the past 3 years, KYN and UZX moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.30 over 1 year against -0.22 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -648.1 %².
Among the 25 assets we track against KYN, UZX sits near the bottom by co-movement, at rank #23. The last year tells two different stories: KYN led by 123.7 percentage points, +29.1% for KYN against -94.6% for UZX. Note the risk asymmetry: UZX runs 6.3 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 UZX: side by side
| KYN (Kayne Anderson Energy Infrastructure Fund, Inc.) | UZX (Linkage Global Inc - Class A) | |
|---|---|---|
| 1-year return | +29.1% | -94.6% |
| 5-year return | +190.9% | n/a |
| Volatility (ann.) | 22.0% | 137.7% |
| Beta vs S&P 500 | 0.44 | 0.09 |
| Max drawdown (3Y) | -21.6% | -99.8% |
| 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 | UZX |
|---|---|---|
| 2022 | +20.5% | – |
| 2023 | +13.2% | – |
| 2024 | +60.4% | -71.7% |
| 2025 | +5.3% | -58.8% |
| 2026 | +25.5% | -93.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KYN and UZX good diversifiers for each other?
Yes. With a correlation of -0.22, KYN and UZX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between KYN and UZX?
As of 2026-08-27, the correlation of weekly returns between KYN and UZX is -0.22 over 3 years, -0.30 over 1 year and n/a over 5 years.
Is UZX a good diversifier for KYN?
Yes. With a correlation of -0.22, KYN and UZX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 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-uzx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/kyn-vs-uzx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KYN correlations · UZX correlations
