PUMP vs RES: Correlation
Measured on weekly returns over the past three years, ProPetro Holding Corp. (PUMP) and RPC, Inc. (RES) carry a correlation of 0.65, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PUMP and RES?
Across a 3-year window, the weekly returns of PUMP and RES correlate at 0.65, strong. Recent behaviour matches the longer record: 0.57 over 1 year against 0.65 over 3. Stretching to 5 years gives 0.73, with an annualized covariance of 1884.1 %².
Few assets follow PUMP as closely as RES, which ranks #2 of 28 tracked partners. Correlation aside, the last 12 months split them widely, with PUMP ahead by 87.7 points (+128.2% versus +40.5%).
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.
PUMP vs RES: side by side
| PUMP (ProPetro Holding Corp.) | RES (RPC, Inc.) | |
|---|---|---|
| 1-year return | +128.2% | +40.5% |
| 5-year return | +45.4% | +84.8% |
| Volatility (ann.) | 65.1% | 44.2% |
| Beta vs S&P 500 | 0.73 | 0.56 |
| Max drawdown (3Y) | -59.1% | -51.9% |
| Market cap | $1.4B | $1.4B |
| P/E (trailing) | – | 58.2 |
| Dividend yield | 0.00% | 2.61% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PUMP | RES |
|---|---|---|
| 2022 | +28.0% | +96.7% |
| 2023 | -19.2% | -16.4% |
| 2024 | +11.3% | -16.4% |
| 2025 | +1.9% | -5.5% |
| 2026 | +17.6% | +20.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PUMP and RES good diversifiers for each other?
Only partially. A correlation of 0.65 means PUMP and RES share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between PUMP and RES?
As of 2026-08-27, the correlation of weekly returns between PUMP and RES is 0.65 over 3 years, 0.57 over 1 year and 0.73 over 5 years.
Is RES a good diversifier for PUMP?
Only partially. A correlation of 0.65 means PUMP and RES share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.65 mean?
On the −1 to +1 scale, 0.65 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/pump-vs-res.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/pump-vs-res/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PUMP correlations · RES correlations
