TRGP correlations (Targa Resources)
Which assets move with TRGP and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Energy · Oil & Gas Storage & Transportation
Volatility (ann.)
31.5%
3y weekly
Beta vs S&P 500
0.44
3y weekly
1-year return
+78.7%
price, adjusted
5-year return
+626.8%
price, adjusted
Market cap
$62.0B
latest
P/E ratio
28.1
trailing
Dividend yield
1.53%
trailing
Max drawdown
-31.6%
3y, daily closes
TRGP over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with TRGP
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| ATMP | iPath Select MLP ETN | 0.84 | |
| OKE | Oneok | 0.80 | |
| XLE | Energy Select Sector SPDR Fund | 0.77 | |
| PR | Permian Resources Corporation | 0.76 | |
| MLPB | ETRACS Alerian MLP Infrastructure Index ETN Series B due | 0.75 | |
| AMUB | ETRACS Alerian MLP Index ETN Series B due July 18, 2042 | 0.75 | |
| NML | Neuberger Energy Infrastructure and Income Fund Inc. | 0.75 | |
| OVV | Ovintiv Inc. (DE) | 0.74 | |
| FANG | Diamondback Energy | 0.73 | |
| EOG | EOG Resources | 0.72 | |
| KYN | Kayne Anderson Energy Infrastructure Fund, Inc. | 0.72 | |
| PEO | Adams Natural Resources Fund, Inc. | 0.72 | |
| MGY | Magnolia Oil & Gas Corporation | 0.72 | |
| MTDR | Matador Resources Company | 0.71 | |
| PAGP | Plains GP Holdings, L.P. - Class A Shares representing | 0.71 |
Best diversifiers for TRGP
These are the assets whose returns had the least to do with TRGP's, historically the most independent picks in our universe.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.28 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.28 | |
| ALMS | Alumis Inc. | -0.26 | |
| TCRT | Alaunos Therapeutics, Inc. | -0.23 | |
| NB | NioCorp Developments Ltd. | -0.20 | |
| LICN | Lichen International Limited - Class A | -0.20 | |
| EVEX | Eve Holding, Inc. | -0.20 | |
| ICCM | IceCure Medical Ltd. | -0.19 | |
| RETO | ReTo Eco-Solutions, Inc. - Class A Shares | -0.19 | |
| SER | Serina Therapeutics, Inc. | -0.19 |
TRGP vs benchmarks
TRGP vs its peers
Get TRGP data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/trgp.jsonCorrelations, diversifiers, beta and volatility for TRGP, plus one endpoint per pair. API documentation.
TRGP inside major ETFs
| ETF | TRGP weight | |
|---|---|---|
| XLE | Energy Select Sector SPDR Fund | 3.74% |
| MTUM | iShares MSCI USA Momentum Factor ETF | 0.44% |
| VYM | Vanguard High Dividend Yield ETF | 0.23% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.21% |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.2% |
| VUG | Vanguard Growth ETF | 0.18% |
| IVV | iShares Core S&P 500 ETF | 0.1% |
| SPY | SPDR S&P 500 ETF Trust | 0.1% |
| VOO | Vanguard S&P 500 ETF | 0.09% |
| VTI | Vanguard Total Stock Market ETF | 0.08% |
