CEG vs VRT: Correlation
Measured on weekly returns over the past three years, Constellation Energy (CEG) and Vertiv (VRT) carry a correlation of 0.55, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CEG and VRT?
Across a 3-year window, the weekly returns of CEG and VRT correlate at 0.55, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.35 versus 0.55 over 3 years. Stretching to 5 years gives 0.43, with an annualized covariance of 1622.1 %².
Within CEG's tracked universe of 32 assets, VRT comes in at #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months VRT outperformed by 118.6 percentage points (-10.1% for CEG against +108.5% for VRT). Across three years, the rolling one-year figure varied moderately, from 0.32 to 0.75.
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.
CEG vs VRT: side by side
| CEG (Constellation Energy) | VRT (Vertiv) | |
|---|---|---|
| 1-year return | -10.1% | +108.5% |
| 5-year return | +598.5% | +847.7% |
| Volatility (ann.) | 52.1% | 57.1% |
| Beta vs S&P 500 | 1.42 | 2.36 |
| Max drawdown (3Y) | -50.7% | -61.3% |
| Market cap | $100.1B | $103.7B |
| P/E (trailing) | 27.3 | 59.6 |
| Dividend yield | 0.58% | 0.07% |
| Sector / category | Utilities | Industrials |
Year-by-year returns
| Year | CEG | VRT |
|---|---|---|
| 2022 | – | -45.3% |
| 2023 | +37.2% | +251.8% |
| 2024 | +92.7% | +136.8% |
| 2025 | +58.8% | +42.8% |
| 2026 | -19.7% | +66.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CEG and VRT good diversifiers for each other?
Only partially. A correlation of 0.55 means CEG and VRT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between CEG and VRT?
Using weekly returns as of 2026-08-27: 0.55 over 3 years, with 0.35 over the last year and 0.43 over 5 years.
Is VRT a good diversifier for CEG?
Only partially. A correlation of 0.55 means CEG and VRT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.55 mean?
On the −1 to +1 scale, 0.55 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ceg-vs-vrt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ceg-vs-vrt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CEG correlations · VRT correlations
