KYN vs. EPD

Last updated Aug 1, 2026

KYN (Kayne Anderson Energy Infrastructure Fund) is Infrastructure Equities fund actively managed by Kayne Anderson, while EPD (Enterprise Products Partners L.P.) is a stock. Over the past 10 years, KYN returned 7.68%/yr vs 11.14%/yr for EPD. Their 0.56 correlation means they have sometimes moved together and sometimes differently.

Performance

KYN vs. EPD - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with KYN having a 23.35% return and EPD slightly higher at 24.19%. Over the past 10 years, KYN has underperformed EPD with an annualized return of 7.68%, while EPD has yielded a comparatively higher 11.14% annualized return.

KYN

• 1D: 0.90%
• 1M: 5.76%
• 6M: 14.99%
• YTD: 23.35%
• 1Y: 27.51%
• 3Y*: 29.39%
• 5Y*: 23.23%
• 10Y*: 7.68%
• ALL TIME*: 6.19%

EPD

• 1D: 1.30%
• 1M: 5.08%
• 6M: 18.03%
• YTD: 24.19%
• 1Y: 31.80%
• 3Y*: 20.49%
• 5Y*: 19.17%
• 10Y*: 11.14%
• ALL TIME*: 14.16%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EPD Enterprise Products Partners L.P.	$138.15M	$120.42M	$128.94M
KYN Kayne Anderson Energy Infrastructure Fund	$4.71M	$5.48M	$5.51M

KYN vs. EPD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KYN Kayne Anderson Energy Infrastructure Fund	23.35%	5.34%	60.45%	13.19%	20.50%	44.21%	-51.60%	11.52%	-19.35%	7.33%
EPD Enterprise Products Partners L.P.	24.19%	9.45%	28.00%	17.71%	18.32%	21.40%	-23.61%	21.88%	-1.32%	4.24%

Correlation

The correlation between KYN and EPD is 0.54, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.54
Correlation (3Y) Balances recent behavior with more history.	0.56
Correlation (5Y) Shows whether the relationship held over a longer period.	0.65
Correlation (10Y) Provides a long-term view across more market conditions.	0.68
Correlation (All Time) Calculated using the full available price history since Sep 28, 2004	0.56

The correlation between KYN and EPD shifts across timeframes, from 0.54 (1 year) to 0.68 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap KYN : $2.08B EPD : $82.32B
EPS KYN : $5.50 EPD : $2.69
PE Ratio KYN : 2.24 EPD : 14.12
PEG Ratio KYN : 0.00 EPD : 2.27
PS Ratio KYN : 23.84 EPD : 1.61
Total Revenue (TTM) KYN : $133.71M EPD : $51.57B
Gross Profit (TTM) KYN : $112.99M EPD : $7.31B
EBITDA (TTM) KYN : $863.04M EPD : $10.11B

Return for Risk

KYN vs. EPD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

KYN

KYN Risk / Return Rank: 68
KYN Sharpe Ratio Rank: 66
KYN Sortino Ratio Rank: 61
KYN Omega Ratio Rank: 58
KYN Calmar Ratio Rank: 89
KYN Martin Ratio Rank: 67

EPD

EPD Risk / Return Rank: 89
EPD Sharpe Ratio Rank: 90
EPD Sortino Ratio Rank: 88
EPD Omega Ratio Rank: 87
EPD Calmar Ratio Rank: 89
EPD Martin Ratio Rank: 90

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

KYN vs. EPD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kayne Anderson Energy Infrastructure Fund (KYN) and Enterprise Products Partners L.P. (EPD). 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.

	KYN	EPD	Difference
Sharpe ratio: Return per unit of total volatility	1.52	1.81	-0.29
Sortino ratio: Return per unit of downside risk	2.10	2.60	-0.50
Omega ratio: Gain probability vs. loss probability	1.26	1.32	-0.07
Calmar ratio: Return relative to maximum drawdown	3.17	3.31	-0.15
Martin ratio: Return relative to average drawdown	8.17	9.32	-1.15

KYN vs. EPD - Sharpe Ratio Comparison

The current KYN Sharpe Ratio is 1.52, which is comparable to the EPD Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of KYN and EPD, 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

KYN vs. EPD - Drawdown Comparison

The maximum KYN drawdown since its inception was -91.43%, which is greater than EPD's maximum drawdown of -58.78%. Use the drawdown chart below to compare losses from any high point for KYN and EPD.

Drawdown Indicators

	KYN	EPD	Difference
Max Drawdown Largest peak-to-trough decline	-91.43%	-58.78%	-32.65%
Max Drawdown (1Y) Largest decline over 1 year	-8.53%	-9.32%	+0.79%
Max Drawdown (3Y) Largest decline over 3 years	-21.65%	-15.40%	-6.25%
Max Drawdown (5Y) Largest decline over 5 years	-21.65%	-18.06%	-3.59%
Max Drawdown (10Y) Largest decline over 10 years	-87.74%	-58.04%	-29.70%
Current Drawdown Current decline from peak	-2.34%	-2.97%	+0.63%
Average Drawdown Average peak-to-trough decline	-26.78%	-10.20%	-16.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.30%	3.31%	-0.01%

Volatility

KYN vs. EPD - Volatility Comparison

Kayne Anderson Energy Infrastructure Fund (KYN) and Enterprise Products Partners L.P. (EPD) have volatilities of 5.93% and 6.07%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KYN	EPD	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.93%	6.07%	-0.14%
Volatility (6M) Calculated over the trailing 6-month period	12.80%	14.84%	-2.04%
Volatility (1Y) Calculated over the trailing 1-year period	17.73%	17.06%	+0.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.84%	17.20%	+5.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.77%	24.11%	+16.66%

Dividends

KYN vs. EPD - Dividend Comparison

KYN's dividend yield for the trailing twelve months is around 6.84%, more than EPD's 5.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EPD Enterprise Products Partners L.P.	5.80%	6.74%	6.63%	7.51%	7.79%	8.20%	9.09%	6.23%	6.97%	6.29%	5.88%	5.90%
KYN Kayne Anderson Energy Infrastructure Fund	6.84%	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 KYN and EPD in my portfolio?

KYN and EPD have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KYN or EPD?

EPD has higher volatility (6.07%) compared to KYN (5.93%). In terms of maximum drawdown, KYN dropped -91.43% vs EPD's -58.78%.

Which has better risk-adjusted returns?

EPD currently has the higher Sharpe Ratio (1.81 vs 1.52), 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.