AEE vs LNT: Correlation
Ameren (AEE) and Alliant Energy (LNT) show a very strong relationship: their 3-year correlation of weekly returns is 0.83.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AEE and LNT?
Over the past 3 years, AEE and LNT moved with a correlation of 0.83, which is very strong, meaning they move nearly in lockstep. Recent behaviour matches the longer record: 0.90 over 1 year against 0.83 over 3. Over 5 years the correlation is 0.88, and the annualized covariance of weekly returns is 259.2 %².
Few assets follow AEE as closely as LNT, which ranks #2 of 35 tracked partners. Neither side won the trailing year by much: +8.8% against +6.9%. The rolling one-year correlation stayed in a tight band between 0.73 and 0.94 over the past three years, which points to a structural rather than episodic relationship.
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 LNT: side by side
| AEE (Ameren) | LNT (Alliant Energy) | |
|---|---|---|
| 1-year return | +8.8% | +6.9% |
| 5-year return | +39.7% | +31.9% |
| Volatility (ann.) | 17.8% | 17.5% |
| Beta vs S&P 500 | 0.10 | 0.09 |
| Max drawdown (3Y) | -16.5% | -12.4% |
| Market cap | $29.6B | $17.7B |
| P/E (trailing) | 19.0 | 21.8 |
| Dividend yield | 2.71% | 3.03% |
| Sector / category | Utilities | Utilities |
Year-by-year returns
| Year | AEE | LNT |
|---|---|---|
| 2022 | +2.5% | -7.4% |
| 2023 | -16.1% | -3.8% |
| 2024 | +27.5% | +19.5% |
| 2025 | +15.3% | +13.5% |
| 2026 | +8.4% | +7.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AEE and LNT good diversifiers for each other?
Not really. At 0.83, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between AEE and LNT?
The AEE/LNT correlation stands at 0.83 on a 3-year window (1 year: 0.90, 5 years: 0.88), computed from weekly returns as of 2026-08-27.
Is LNT a good diversifier for AEE?
Not really. At 0.83, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.83 mean?
A reading of 0.83 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-lnt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aee-vs-lnt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AEE correlations · LNT correlations
