LNG vs PDX: Correlation
Measured on weekly returns over the past three years, Cheniere Energy, Inc. (LNG) and PIMCO Dynamic Income Strategy Fund (PDX) carry a correlation of 0.52, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LNG and PDX?
Across a 3-year window, the weekly returns of LNG and PDX correlate at 0.52, moderate. Little has changed lately, as the 1-year reading of 0.51 lands near the 3-year figure. Stretching to 5 years gives 0.56, with an annualized covariance of 386.5 %².
Among the 20 assets we track against LNG, PDX ranks #8 by 3-year correlation. On 12-month performance LNG holds a 6.5-point edge, +17.4% against +10.9%.
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.
LNG vs PDX: side by side
| LNG (Cheniere Energy, Inc.) | PDX (PIMCO Dynamic Income Strategy Fund) | |
|---|---|---|
| 1-year return | +17.4% | +10.9% |
| 5-year return | +231.8% | +203.4% |
| Volatility (ann.) | 28.3% | 26.1% |
| Beta vs S&P 500 | 0.13 | 0.40 |
| Max drawdown (3Y) | -24.9% | -37.2% |
| Market cap | $58.0B | $1.0B |
| P/E (trailing) | 21.5 | – |
| Dividend yield | 0.78% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LNG | PDX |
|---|---|---|
| 2022 | +49.3% | +23.0% |
| 2023 | +15.0% | +44.5% |
| 2024 | +27.2% | +37.0% |
| 2025 | -8.7% | -10.6% |
| 2026 | +45.5% | +21.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LNG and PDX good diversifiers for each other?
To a limited degree. At 0.52 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 LNG and PDX?
Using weekly returns as of 2026-08-27: 0.52 over 3 years, with 0.51 over the last year and 0.56 over 5 years.
Is PDX a good diversifier for LNG?
To a limited degree. At 0.52 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 0.52 mean?
On the −1 to +1 scale, 0.52 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/lng-vs-pdx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lng-vs-pdx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LNG correlations · PDX correlations
