AMZN vs DTE: Correlation
How closely do Amazon (AMZN) and DTE Energy (DTE) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMZN and DTE?
Over the past 3 years, AMZN and DTE moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.36 versus -0.20 over 3 years. Over 5 years the correlation is -0.01, and the annualized covariance of weekly returns is -106.3 %².
By 3-year correlation, DTE places #28 of the 38 assets tracked against AMZN. The trailing year gives AMZN the advantage: +11.8% versus +1.7%, a 10.1-point spread. Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from -0.38 to 0.12. Risk is not evenly split, since AMZN carries 1.8 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.
AMZN vs DTE: side by side
| AMZN (Amazon) | DTE (DTE Energy) | |
|---|---|---|
| 1-year return | +11.8% | +1.7% |
| 5-year return | +49.8% | +33.3% |
| Volatility (ann.) | 31.0% | 17.1% |
| Beta vs S&P 500 | 1.48 | 0.07 |
| Max drawdown (3Y) | -30.9% | -12.4% |
| Market cap | $2,764.1B | $28.3B |
| P/E (trailing) | 20.9 | 21.8 |
| Dividend yield | 0.00% | 3.39% |
| Sector / category | Consumer Discretionary | Utilities |
Year-by-year returns
| Year | AMZN | DTE |
|---|---|---|
| 2022 | -49.6% | +1.2% |
| 2023 | +80.9% | -2.8% |
| 2024 | +44.4% | +13.5% |
| 2025 | +5.2% | +10.4% |
| 2026 | +11.0% | +7.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMZN and DTE good diversifiers for each other?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
FAQ
What is the correlation between AMZN and DTE?
Using weekly returns as of 2026-08-27: -0.20 over 3 years, with -0.36 over the last year and -0.01 over 5 years.
Is DTE a good diversifier for AMZN?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
What does a correlation of -0.20 mean?
A reading of -0.20 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/amzn-vs-dte.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/amzn-vs-dte/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AMZN correlations · DTE correlations
