MTDR vs VTS: Correlation
Matador Resources Company (MTDR) and Vitesse Energy, Inc. (VTS) show a strong relationship: their 3-year correlation of weekly returns is 0.67.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MTDR and VTS?
Across a 3-year window, the weekly returns of MTDR and VTS correlate at 0.67, strong. The past 12 months show a weaker link (0.54) than the 3-year average (0.67). Stretching to 5 years gives n/a, with an annualized covariance of 828.4 %².
By 3-year correlation, VTS places #19 of the 27 assets tracked against MTDR. The last year tells two different stories: MTDR led by 46.7 percentage points, +17.4% for MTDR against -29.3% for VTS.
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.
MTDR vs VTS: side by side
| MTDR (Matador Resources Company) | VTS (Vitesse Energy, Inc.) | |
|---|---|---|
| 1-year return | +17.4% | -29.3% |
| 5-year return | +115.7% | n/a |
| Volatility (ann.) | 40.3% | 30.6% |
| Beta vs S&P 500 | 0.49 | 0.54 |
| Max drawdown (3Y) | -46.8% | -38.4% |
| Market cap | $7.0B | $0.7B |
| P/E (trailing) | 9.7 | – |
| Dividend yield | 2.60% | 11.81% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MTDR | VTS |
|---|---|---|
| 2022 | +55.8% | – |
| 2023 | +0.6% | – |
| 2024 | +0.4% | +24.3% |
| 2025 | -22.3% | -15.2% |
| 2026 | +36.7% | -6.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MTDR and VTS good diversifiers for each other?
To a limited degree. At 0.67 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 MTDR and VTS?
As of 2026-08-27, the correlation of weekly returns between MTDR and VTS is 0.67 over 3 years, 0.54 over 1 year and n/a over 5 years.
Is VTS a good diversifier for MTDR?
To a limited degree. At 0.67 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 0.67 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/mtdr-vs-vts.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mtdr-vs-vts/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MTDR correlations · VTS correlations
