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MTR correlations (Mesa Royalty Trust)

Which assets move with MTR and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)

47.8%

3y weekly

Beta vs S&P 500

0.01

3y weekly

1-year return

-57.6%

price, adjusted

5-year return

-45.0%

price, adjusted

P/E ratio

11.5

trailing

Dividend yield

6.83%

trailing

Max drawdown

-87.3%

3y, daily closes

MTR over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with MTR

Asset		Correlation (3Y)
INDO	Indonesia Energy Corporation Limited	0.39
KLXE	KLX Energy Services Holdings, Inc.	0.38
CNQ	Canadian Natural Resources Limited	0.38
SDRL	Seadrill Limited	0.37
BRN	Barnwell Industries, Inc.	0.36

These are the assets whose returns had the least to do with MTR's, historically the most independent picks in our universe.

Asset		Correlation (3Y)
ARDT	Ardent Health, Inc.	-0.24
STTK	Shattuck Labs, Inc.	-0.21
NTIC	Northern Technologies International Corporation	-0.20

Free API · no key required

$ curl https://www.pairbook.io/api/v1/symbols/mtr.json

Correlations, diversifiers, beta and volatility for MTR, plus one endpoint per pair. API documentation.