MTUS vs SXC: Correlation
How closely do Metallus Inc. (MTUS) and SunCoke Energy, Inc. (SXC) trade together? Their weekly returns over three years give a correlation of 0.61, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MTUS and SXC?
On 3 years of weekly data the MTUS/SXC correlation comes out at 0.61, strong. The relationship has been stable: the 1-year correlation (0.56) sits close to the 3-year figure. The 5-year figure is 0.58, and annualized covariance runs at 1000.4 %².
By 3-year correlation, SXC places #7 of the 16 assets tracked against MTUS. Correlation aside, the last 12 months split them widely, with SXC ahead by 25.7 points (+20.2% versus +45.9%).
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.
MTUS vs SXC: side by side
| MTUS (Metallus Inc.) | SXC (SunCoke Energy, Inc.) | |
|---|---|---|
| 1-year return | +20.2% | +45.9% |
| 5-year return | +40.6% | +84.8% |
| Volatility (ann.) | 40.3% | 40.5% |
| Beta vs S&P 500 | 1.20 | 0.74 |
| Max drawdown (3Y) | -52.7% | -52.0% |
| Market cap | $0.8B | $0.9B |
| P/E (trailing) | 99.5 | – |
| Dividend yield | 0.00% | 4.89% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MTUS | SXC |
|---|---|---|
| 2022 | +10.1% | +35.9% |
| 2023 | +29.1% | +29.8% |
| 2024 | -39.7% | +4.0% |
| 2025 | +21.4% | -28.6% |
| 2026 | +16.0% | +49.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MTUS and SXC good diversifiers for each other?
Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between MTUS and SXC?
As of 2026-08-27, the correlation of weekly returns between MTUS and SXC is 0.61 over 3 years, 0.56 over 1 year and 0.58 over 5 years.
Is SXC a good diversifier for MTUS?
Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.61 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/mtus-vs-sxc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mtus-vs-sxc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MTUS correlations · SXC correlations
