BKD vs DTE: Correlation
How closely do Brookdale Senior Living Inc. (BKD) and DTE Energy (DTE) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BKD and DTE?
On 3 years of weekly data the BKD/DTE correlation comes out at 0.44, moderate. Recent behaviour matches the longer record: 0.41 over 1 year against 0.44 over 3. The 5-year figure is 0.28, and annualized covariance runs at 309.2 %².
DTE is one of the assets that tracks BKD most closely: it ranks #1 out of the 13 assets we track against BKD. The last year tells two different stories: BKD led by 52.5 percentage points, +54.2% for BKD against +1.7% for DTE. One caveat on sizing: BKD is 2.4 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
BKD vs DTE: side by side
| BKD (Brookdale Senior Living Inc.) | DTE (DTE Energy) | |
|---|---|---|
| 1-year return | +54.2% | +1.7% |
| 5-year return | +76.8% | +33.3% |
| Volatility (ann.) | 41.3% | 17.1% |
| Beta vs S&P 500 | 0.15 | 0.07 |
| Max drawdown (3Y) | -43.6% | -12.4% |
| Market cap | $2.9B | $28.3B |
| P/E (trailing) | – | 21.8 |
| Dividend yield | 0.00% | 3.39% |
| Sector / category | US Listed | Utilities |
Year-by-year returns
| Year | BKD | DTE |
|---|---|---|
| 2022 | -47.1% | +1.2% |
| 2023 | +113.2% | -2.8% |
| 2024 | -13.6% | +13.5% |
| 2025 | +114.5% | +10.4% |
| 2026 | +12.0% | +7.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BKD and DTE good diversifiers for each other?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BKD and DTE?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.41 over the last year and 0.28 over 5 years.
Is DTE a good diversifier for BKD?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.44 mean?
A reading of 0.44 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/bkd-vs-dte.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bkd-vs-dte/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BKD correlations · DTE correlations
