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D vs RPD: Correlation

Dominion Energy (D) and Rapid7, Inc. (RPD) show a negative relationship: their 3-year correlation of weekly returns is -0.21.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.21
negative
Correlation (1Y)
-0.18
last 12 months
Correlation (5Y)
-0.05
long-run
Ann. covariance
-236.7
%² · weekly, annualized

How correlated are D and RPD?

Across a 3-year window, the weekly returns of D and RPD correlate at -0.21, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.18) sits close to the 3-year figure. Stretching to 5 years gives -0.05, with an annualized covariance of -236.7 %².

Within D's tracked universe of 31 assets, RPD comes in at #26 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months D outperformed by 49.8 percentage points (+15.1% for D against -34.7% for RPD). One caveat on sizing: RPD is 2.7 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.

D vs RPD: side by side

D (Dominion Energy)RPD (Rapid7, Inc.)
1-year return+15.1%-34.7%
5-year return+6.1%-88.9%
Volatility (ann.)20.5%56.3%
Beta vs S&P 5000.181.42
Max drawdown (3Y)-19.1%-91.8%
Market cap$58.5B$0.9B
P/E (trailing)23.237.5
Dividend yield3.99%0.00%
Sector / categoryUtilitiesUS Listed
Lower P/E: D 23.2 vs 37.5Higher yield: D 3.99% vs 0.00%Smaller drawdown: D -19.1% vs -91.8%Higher 5y return: D +6.1% vs -88.9%
-75%0%+26%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. D · RPD

Year-by-year returns

YearDRPD
2022-19.1%-71.1%
2023-19.1%+68.0%
2024+20.4%-29.5%
2025+14.0%-62.2%
2026+15.9%-11.2%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are D and RPD 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 D and RPD?

The D/RPD correlation stands at -0.21 on a 3-year window (1 year: -0.18, 5 years: -0.05), computed from weekly returns as of 2026-08-27.

Is RPD a good diversifier for D?

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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D vs RPD: 3-year weekly correlation -0.21D vs RPD-0.21

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Hubs: D correlations · RPD correlations