KRP vs. KYN

Last updated Jun 24, 2026

KRP (Kimbell Royalty Partners, LP) is a stock, while KYN (Kayne Anderson Energy Infrastructure Fund) is Energy Equities fund actively managed by Kayne Anderson. Over the past 5 years, KRP returned 14.69%/yr vs 20.04%/yr for KYN. At a 0.41 correlation, their price movements are largely independent.

Performance

KRP vs. KYN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kimbell Royalty Partners, LP (KRP) and Kayne Anderson Energy Infrastructure Fund (KYN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KRP achieves a 33.97% return, which is significantly higher than KYN's 14.87% return.

KRP

• 1D: 1.70%
• 1M: -1.58%
• YTD: 33.97%
• 6M: 36.28%
• 1Y: 16.20%
• 3Y*: 12.40%
• 5Y*: 14.69%
• 10Y*: —

KYN

• 1D: 1.56%
• 1M: -2.73%
• YTD: 14.87%
• 6M: 18.51%
• 1Y: 20.38%
• 3Y*: 30.33%
• 5Y*: 20.04%
• 10Y*: 6.56%

*Multi-year figures are annualized to reflect compound growth (CAGR)

KRP vs. KYN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KRP Kimbell Royalty Partners, LP	33.97%	-18.60%	20.43%	0.76%	36.93%	89.97%	-48.94%	38.62%	-8.93%	-5.43%
KYN Kayne Anderson Energy Infrastructure Fund	14.87%	5.34%	60.45%	13.19%	20.50%	44.21%	-51.60%	11.52%	-19.35%	-2.26%

Correlation

The correlation between KRP and KYN is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.45
Correlation (5Y) Calculated over the trailing 5-year period	0.51
Correlation (All Time) Calculated using the full available price history since Feb 3, 2017	0.41

The correlation between KRP and KYN shifts across timeframes, from 0.35 (1 year) to 0.51 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap KRP : $1.78B KYN : $2.08B
EPS KRP : $0.60 KYN : $5.50
PE Ratio KRP : 24.89 KYN : 2.24
PEG Ratio KRP : 0.09 KYN : 0.00
PS Ratio KRP : 5.78 KYN : 23.84
PB Ratio KRP : 3.41 KYN : 0.83
Total Revenue (TTM) KRP : $309.11M KYN : $133.71M
Gross Profit (TTM) KRP : $319.28M KYN : $112.99M
EBITDA (TTM) KRP : $177.16M KYN : $863.04M

Return for Risk

KRP vs. KYN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KRP

KRP Risk / Return Rank: 60
KRP Sharpe Ratio Rank: 66
KRP Sortino Ratio Rank: 58
KRP Omega Ratio Rank: 56
KRP Calmar Ratio Rank: 60
KRP Martin Ratio Rank: 62

KYN

KYN Risk / Return Rank: 26
KYN Sharpe Ratio Rank: 20
KYN Sortino Ratio Rank: 19
KYN Omega Ratio Rank: 18
KYN Calmar Ratio Rank: 42
KYN Martin Ratio Rank: 28

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KRP vs. KYN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kimbell Royalty Partners, LP (KRP) and Kayne Anderson Energy Infrastructure Fund (KYN). 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	KYN	Difference
Sharpe ratio: Return per unit of total volatility	0.71	1.21	-0.50
Sortino ratio: Return per unit of downside risk	1.08	1.70	-0.62
Omega ratio: Gain probability vs. loss probability	1.13	1.21	-0.07
Calmar ratio: Return relative to maximum drawdown	0.79	2.37	-1.58
Martin ratio: Return relative to average drawdown	2.05	6.18	-4.13

KRP vs. KYN - Sharpe Ratio Comparison

The current KRP Sharpe Ratio is 0.71, which is lower than the KYN Sharpe Ratio of 1.21. The chart below compares the historical Sharpe Ratios of KRP and KYN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

KRP vs. KYN - Drawdown Comparison

The maximum KRP drawdown since its inception was -80.91%, smaller than the maximum KYN drawdown of -91.43%. Use the drawdown chart below to compare losses from any high point for KRP and KYN.

Drawdown Indicators

	KRP	KYN	Difference
Max Drawdown Largest peak-to-trough decline	-80.91%	-91.43%	+10.52%
Max Drawdown (1Y) Largest decline over 1 year	-20.50%	-8.64%	-11.86%
Max Drawdown (3Y) Largest decline over 3 years	-27.58%	-21.65%	-5.93%
Max Drawdown (5Y) Largest decline over 5 years	-27.58%	-21.65%	-5.93%
Max Drawdown (10Y) Largest decline over 10 years	—	-87.74%	—
Current Drawdown Current decline from peak	-3.80%	-5.27%	+1.47%
Average Drawdown Average peak-to-trough decline	-19.35%	-26.90%	+7.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.92%	3.30%	+4.62%

Volatility

KRP vs. KYN - Volatility Comparison

Kimbell Royalty Partners, LP (KRP) has a higher volatility of 6.70% compared to Kayne Anderson Energy Infrastructure Fund (KYN) at 5.22%. This indicates that KRP's price experiences larger fluctuations and is considered to be riskier than KYN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KRP	KYN	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.70%	5.22%	+1.48%
Volatility (6M) Calculated over the trailing 6-month period	16.83%	12.68%	+4.15%
Volatility (1Y) Calculated over the trailing 1-year period	23.05%	16.99%	+6.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.36%	23.10%	+5.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.27%	40.85%	+0.42%

Dividends

KRP vs. KYN - Dividend Comparison

KRP's dividend yield for the trailing twelve months is around 10.10%, more than KYN's 7.23% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KRP Kimbell Royalty Partners, LP	10.10%	13.61%	10.78%	11.50%	11.26%	8.36%	11.00%	9.29%	12.22%	5.17%	0.00%	0.00%
KYN Kayne Anderson Energy Infrastructure Fund	7.23%	7.75%	8.34%	9.45%	9.05%	6.42%	16.17%	10.34%	14.17%	9.97%	11.24%	15.20%

Frequently Asked Questions

Can I hold both KRP and KYN in my portfolio?

KRP and KYN have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KRP or KYN?

KRP has higher volatility (6.70%) compared to KYN (5.22%). In terms of maximum drawdown, KRP dropped -80.91% vs KYN's -91.43%.

Which has better risk-adjusted returns?

KYN currently has the higher Sharpe Ratio (1.21 vs 0.71), 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.