AEE vs DTE: Correlation
Ameren (AEE) and DTE Energy (DTE) show a strong relationship: their 3-year correlation of weekly returns is 0.75.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AEE and DTE?
Over the past 3 years, AEE and DTE moved with a correlation of 0.75, which is strong. Lately the two have moved closer together, with the 1-year correlation at 0.89 versus 0.75 over 3 years. Over 5 years the correlation is 0.83, and the annualized covariance of weekly returns is 228.1 %².
Among the 35 assets we track against AEE, DTE ranks #12 by 3-year correlation. On 12-month performance AEE holds a 7.1-point edge, +8.8% against +1.7%. On a rolling one-year basis the correlation drifted between 0.55 and 0.89, a moderate band.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
AEE vs DTE: side by side
| AEE (Ameren) | DTE (DTE Energy) | |
|---|---|---|
| 1-year return | +8.8% | +1.7% |
| 5-year return | +39.7% | +33.3% |
| Volatility (ann.) | 17.8% | 17.1% |
| Beta vs S&P 500 | 0.10 | 0.07 |
| Max drawdown (3Y) | -16.5% | -12.4% |
| Market cap | $29.6B | $28.3B |
| P/E (trailing) | 19.0 | 21.8 |
| Dividend yield | 2.71% | 3.39% |
| Sector / category | Utilities | Utilities |
Year-by-year returns
| Year | AEE | DTE |
|---|---|---|
| 2022 | +2.5% | +1.2% |
| 2023 | -16.1% | -2.8% |
| 2024 | +27.5% | +13.5% |
| 2025 | +15.3% | +10.4% |
| 2026 | +8.4% | +7.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AEE and DTE good diversifiers for each other?
Somewhat, no more. With 0.75 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between AEE and DTE?
As of 2026-08-27, the correlation of weekly returns between AEE and DTE is 0.75 over 3 years, 0.89 over 1 year and 0.83 over 5 years.
Is DTE a good diversifier for AEE?
Somewhat, no more. With 0.75 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.75 mean?
A reading of 0.75 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aee-vs-dte.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aee-vs-dte/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AEE correlations · DTE correlations
