REPX vs VTS: Correlation
Measured on weekly returns over the past three years, Riley Exploration Permian, Inc. (REPX) and Vitesse Energy, Inc. (VTS) carry a correlation of 0.66, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are REPX and VTS?
Across a 3-year window, the weekly returns of REPX and VTS correlate at 0.66, strong. The link has loosened recently: the 1-year correlation (0.49) runs below the 3-year figure (0.66). Stretching to 5 years gives n/a, with an annualized covariance of 929.2 %².
Within REPX's tracked universe of 11 assets, VTS comes in at #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with REPX ahead by 69.1 points (+39.8% versus -29.3%). Note the risk asymmetry: REPX runs 1.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
REPX vs VTS: side by side
| REPX (Riley Exploration Permian, Inc.) | VTS (Vitesse Energy, Inc.) | |
|---|---|---|
| 1-year return | +39.8% | -29.3% |
| 5-year return | +145.9% | n/a |
| Volatility (ann.) | 46.0% | 30.6% |
| Beta vs S&P 500 | 0.58 | 0.54 |
| Max drawdown (3Y) | -38.0% | -38.4% |
| Market cap | $0.8B | $0.7B |
| P/E (trailing) | 6.7 | – |
| Dividend yield | 4.27% | 11.81% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | REPX | VTS |
|---|---|---|
| 2022 | +60.2% | – |
| 2023 | -3.9% | – |
| 2024 | +23.8% | +24.3% |
| 2025 | -12.7% | -15.2% |
| 2026 | +50.6% | -6.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are REPX and VTS good diversifiers for each other?
Only partially. A correlation of 0.66 means REPX and VTS 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 REPX and VTS?
The REPX/VTS correlation stands at 0.66 on a 3-year window (1 year: 0.49, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is VTS a good diversifier for REPX?
Only partially. A correlation of 0.66 means REPX and VTS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.66 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/repx-vs-vts.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/repx-vs-vts/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: REPX correlations · VTS correlations
