NOG vs VTS: Correlation
Northern Oil and Gas, Inc. (NOG) and Vitesse Energy, Inc. (VTS) show a strong relationship: their 3-year correlation of weekly returns is 0.68.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NOG and VTS?
Across a 3-year window, the weekly returns of NOG and VTS correlate at 0.68, strong. The link has loosened recently: the 1-year correlation (0.56) runs below the 3-year figure (0.68). Stretching to 5 years gives n/a, with an annualized covariance of 882.5 %².
By 3-year correlation, VTS places #13 of the 26 assets tracked against NOG. Their recent paths diverged sharply: over the last 12 months NOG outperformed by 38.5 percentage points (+9.2% for NOG 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.
NOG vs VTS: side by side
| NOG (Northern Oil and Gas, Inc.) | VTS (Vitesse Energy, Inc.) | |
|---|---|---|
| 1-year return | +9.2% | -29.3% |
| 5-year return | +105.5% | n/a |
| Volatility (ann.) | 42.6% | 30.6% |
| Beta vs S&P 500 | 0.55 | 0.54 |
| Max drawdown (3Y) | -55.1% | -38.4% |
| Market cap | $2.8B | $0.7B |
| P/E (trailing) | – | – |
| Dividend yield | 6.92% | 11.81% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NOG | VTS |
|---|---|---|
| 2022 | +54.5% | – |
| 2023 | +25.5% | – |
| 2024 | +4.8% | +24.3% |
| 2025 | -38.2% | -15.2% |
| 2026 | +26.2% | -6.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NOG and VTS good diversifiers for each other?
To a limited degree. At 0.68 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 NOG and VTS?
As of 2026-08-27, the correlation of weekly returns between NOG and VTS is 0.68 over 3 years, 0.56 over 1 year and n/a over 5 years.
Is VTS a good diversifier for NOG?
To a limited degree. At 0.68 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 0.68 mean?
On the −1 to +1 scale, 0.68 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/nog-vs-vts.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/nog-vs-vts/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: NOG correlations · VTS correlations
