KRP vs. CALM
KRP (Kimbell Royalty Partners, LP) and CALM (Cal-Maine Foods, Inc.) are both stocks. KRP operates in Oil & Gas E&P (Energy), while CALM operates in Farm Products (Consumer Defensive). Over the past 5 years, KRP returned 14.83%/yr vs 22.74%/yr for CALM. At a 0.11 correlation, their price movements are largely independent.
Performance
KRP vs. CALM - Performance Comparison
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Returns By Period
In the year-to-date period, KRP achieves a 32.35% return, which is significantly higher than CALM's -1.01% return.
KRP
- 1D
- -0.20%
- 1M
- -2.31%
- YTD
- 32.35%
- 6M
- 37.01%
- 1Y
- 12.59%
- 3Y*
- 11.24%
- 5Y*
- 14.83%
- 10Y*
- —
CALM
- 1D
- -0.73%
- 1M
- -0.68%
- YTD
- -1.01%
- 6M
- -8.09%
- 1Y
- -20.64%
- 3Y*
- 24.07%
- 5Y*
- 22.74%
- 10Y*
- 9.71%
KRP vs. CALM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KRP Kimbell Royalty Partners, LP | 32.35% | -18.60% | 20.43% | 0.76% | 36.93% | 89.97% | -48.94% | 38.62% | -8.93% | -5.43% |
CALM Cal-Maine Foods, Inc. | -1.01% | -15.61% | 87.00% | 14.48% | 51.87% | -1.38% | -12.19% | 2.09% | -3.90% | 6.21% |
Correlation
The correlation between KRP and CALM is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Feb 3, 2017 | 0.11 |
The correlation between KRP and CALM shifts across timeframes, from 0.04 (1 year) to 0.17 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
KRP:
$1.76B
CALM:
$3.69B
KRP:
$0.60
CALM:
$14.48
KRP:
24.59
CALM:
5.37
KRP:
0.09
CALM:
0.00
KRP:
5.71
CALM:
1.08
KRP:
3.37
CALM:
1.36
KRP:
$309.11M
CALM:
$3.46B
KRP:
$319.28M
CALM:
$1.17B
KRP:
$177.16M
CALM:
$1.05B
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Return for Risk
KRP vs. CALM — Risk / Return Rank
KRP
CALM
KRP vs. CALM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kimbell Royalty Partners, LP (KRP) and Cal-Maine Foods, Inc. (CALM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| KRP | CALM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.18 | ||
| Sortino ratioReturn per unit of downside risk | +1.65 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 0.91 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 0.62 | -0.56 | +1.18 |
| Martin ratioReturn relative to average drawdown | 1.58 | -0.85 | +2.44 |
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Drawdowns
KRP vs. CALM - Drawdown Comparison
The maximum KRP drawdown since its inception was -80.91%, which is greater than CALM's maximum drawdown of -74.08%. Use the drawdown chart below to compare losses from any high point for KRP and CALM.
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Drawdown Indicators
| KRP | CALM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.91% | -74.08% | -6.83% |
Max Drawdown (1Y)Largest decline over 1 year | -20.50% | -37.00% | +16.50% |
Max Drawdown (3Y)Largest decline over 3 years | -27.58% | -37.00% | +9.42% |
Max Drawdown (5Y)Largest decline over 5 years | -27.58% | -37.00% | +9.42% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.12% | — |
Current DrawdownCurrent decline from peak | -4.95% | -31.50% | +26.55% |
Average DrawdownAverage peak-to-trough decline | -19.37% | -30.31% | +10.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.97% | 24.26% | -16.29% |
Volatility
KRP vs. CALM - Volatility Comparison
Kimbell Royalty Partners, LP (KRP) has a higher volatility of 6.60% compared to Cal-Maine Foods, Inc. (CALM) at 6.08%. This indicates that KRP's price experiences larger fluctuations and is considered to be riskier than CALM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KRP | CALM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.60% | 6.08% | +0.52% |
Volatility (6M)Calculated over the trailing 6-month period | 16.81% | 20.30% | -3.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.01% | 32.73% | -9.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.34% | 32.63% | -4.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.29% | 31.13% | +10.16% |
Dividends
KRP vs. CALM - Dividend Comparison
KRP's dividend yield for the trailing twelve months is around 10.22%, more than CALM's 6.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CALM Cal-Maine Foods, Inc. | 6.18% | 10.90% | 2.82% | 7.51% | 3.17% | 0.09% | 0.00% | 0.98% | 1.03% | 0.00% | 2.70% | 4.10% |
KRP Kimbell Royalty Partners, LP | 10.22% | 13.61% | 10.78% | 11.50% | 11.26% | 8.36% | 11.00% | 9.29% | 12.22% | 5.17% | 0.00% | 0.00% |
Financials
KRP vs. CALM - Financials Comparison
This section allows you to compare key financial metrics between Kimbell Royalty Partners, LP and Cal-Maine Foods, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
KRP vs. CALM - Profitability Comparison
KRP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kimbell Royalty Partners, LP reported a gross profit of 59.66M and revenue of 65.54M. Therefore, the gross margin over that period was 91.0%.
CALM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cal-Maine Foods, Inc. reported a gross profit of 119.28M and revenue of 666.95M. Therefore, the gross margin over that period was 17.9%.
KRP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kimbell Royalty Partners, LP reported an operating income of 15.80M and revenue of 65.54M, resulting in an operating margin of 24.1%.
CALM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cal-Maine Foods, Inc. reported an operating income of 35.98M and revenue of 666.95M, resulting in an operating margin of 5.4%.
KRP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kimbell Royalty Partners, LP reported a net income of 3.97M and revenue of 65.54M, resulting in a net margin of 6.1%.
CALM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cal-Maine Foods, Inc. reported a net income of 50.46M and revenue of 666.95M, resulting in a net margin of 7.6%.
Frequently Asked Questions
KRP and CALM have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KRP has higher volatility (6.60%) compared to CALM (6.08%). In terms of maximum drawdown, KRP dropped -80.91% vs CALM's -74.08%.
KRP currently has the higher Sharpe Ratio (0.55 vs -0.63), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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