AEE vs STTK: Correlation
How closely do Ameren (AEE) and Shattuck Labs, Inc. (STTK) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AEE and STTK?
Over the past 3 years, AEE and STTK moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.08) than the 3-year average (-0.21). Over 5 years the correlation is -0.13, and the annualized covariance of weekly returns is -548.5 %².
Among the 35 assets we track against AEE, STTK ranks #30 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months STTK outperformed by 656.2 percentage points (+8.8% for AEE against +665.0% for STTK). Note the risk asymmetry: STTK runs 8.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 STTK: side by side
| AEE (Ameren) | STTK (Shattuck Labs, Inc.) | |
|---|---|---|
| 1-year return | +8.8% | +665.0% |
| 5-year return | +39.7% | -63.7% |
| Volatility (ann.) | 17.8% | 145.0% |
| Beta vs S&P 500 | 0.10 | 2.32 |
| Max drawdown (3Y) | -16.5% | -93.5% |
| Market cap | $29.6B | $0.8B |
| P/E (trailing) | 19.0 | – |
| Dividend yield | 2.71% | 0.00% |
| Sector / category | Utilities | US Listed |
Year-by-year returns
| Year | AEE | STTK |
|---|---|---|
| 2022 | +2.5% | -73.0% |
| 2023 | -16.1% | +210.0% |
| 2024 | +27.5% | -83.0% |
| 2025 | +15.3% | +201.7% |
| 2026 | +8.4% | +109.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AEE and STTK good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AEE and STTK?
As of 2026-08-27, the correlation of weekly returns between AEE and STTK is -0.21 over 3 years, -0.08 over 1 year and -0.13 over 5 years.
Is STTK a good diversifier for AEE?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
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Related comparisons
Hubs: AEE correlations · STTK correlations
