AMP vs DIA: Correlation
Ameriprise Financial (AMP) and SPDR Dow Jones Industrial Average ETF (DIA) show a strong relationship: their 3-year correlation of weekly returns is 0.67.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMP and DIA?
On 3 years of weekly data the AMP/DIA correlation comes out at 0.67, strong. The link has loosened recently: the 1-year correlation (0.32) runs below the 3-year figure (0.67). The 5-year figure is 0.74, and annualized covariance runs at 219.0 %².
Among the 34 assets we track against AMP, DIA ranks #10 by 3-year correlation. The trailing year gives DIA the advantage: +8.7% versus +19.2%, a 10.5-point spread. The relationship is regime-dependent: the rolling one-year correlation swung between 0.33 and 0.87 over the past three years, so this pair behaves very differently depending on the market environment. Risk is not evenly split, since AMP carries 1.9 times the volatility of the other side.
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.
AMP vs DIA: side by side
| AMP (Ameriprise Financial) | DIA (SPDR Dow Jones Industrial Average ETF) | |
|---|---|---|
| 1-year return | +8.7% | +19.2% |
| 5-year return | +119.2% | +64.8% |
| Volatility (ann.) | 25.0% | 13.0% |
| Beta vs S&P 500 | 1.09 | 0.79 |
| Max drawdown (3Y) | -26.4% | -16.0% |
| Market cap | $49.1B | – |
| P/E (trailing) | 13.5 | – |
| Dividend yield | 1.16% | 1.37% |
| Expense ratio | – | 0.16% |
| Assets under management | – | $45.2B |
| Sector / category | Financials | ETF · US Large Cap |
DIA is a Large Value fund from State Street Investment Management: $45.2B under management, 30 holdings, a 0.16% expense ratio, a 1.37% trailing dividend yield.
Year-by-year returns
| Year | AMP | DIA |
|---|---|---|
| 2022 | +5.0% | -7.0% |
| 2023 | +24.0% | +16.0% |
| 2024 | +42.1% | +14.8% |
| 2025 | -6.7% | +14.7% |
| 2026 | +14.5% | +12.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMP and DIA good diversifiers for each other?
Somewhat, no more. With 0.67 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between AMP and DIA?
As of 2026-08-27, the correlation of weekly returns between AMP and DIA is 0.67 over 3 years, 0.32 over 1 year and 0.74 over 5 years.
Is DIA a good diversifier for AMP?
Somewhat, no more. With 0.67 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.67 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
$ curl https://www.pairbook.io/api/v1/pairs/amp-vs-dia.json
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Related comparisons
Hubs: AMP correlations · DIA correlations
