DPG vs PEG: Correlation
Measured on weekly returns over the past three years, Duff & Phelps Utility and Infrastructure Fund Inc. (DPG) and Public Service Enterprise Group (PEG) carry a correlation of 0.60, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DPG and PEG?
Across a 3-year window, the weekly returns of DPG and PEG correlate at 0.60, strong. Little has changed lately, as the 1-year reading of 0.66 lands near the 3-year figure. Stretching to 5 years gives 0.57, with an annualized covariance of 201.9 %².
Among the 30 assets we track against DPG, PEG ranks #14 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months DPG outperformed by 29.9 percentage points (+21.3% for DPG against -8.6% for PEG).
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.
DPG vs PEG: side by side
| DPG (Duff & Phelps Utility and Infrastructure Fund Inc.) | PEG (Public Service Enterprise Group) | |
|---|---|---|
| 1-year return | +21.3% | -8.6% |
| 5-year return | +54.4% | +34.9% |
| Volatility (ann.) | 17.8% | 18.9% |
| Beta vs S&P 500 | 0.36 | 0.25 |
| Max drawdown (3Y) | -14.2% | -18.8% |
| Market cap | $0.5B | $36.5B |
| P/E (trailing) | 3.4 | 18.4 |
| Dividend yield | 0.00% | 3.51% |
| Sector / category | US Listed | Utilities |
Year-by-year returns
| Year | DPG | PEG |
|---|---|---|
| 2022 | +3.1% | -5.1% |
| 2023 | -25.1% | +3.6% |
| 2024 | +38.2% | +42.6% |
| 2025 | +16.3% | -1.9% |
| 2026 | +19.5% | -7.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DPG and PEG good diversifiers for each other?
Only partially. A correlation of 0.60 means DPG and PEG 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 DPG and PEG?
The DPG/PEG correlation stands at 0.60 on a 3-year window (1 year: 0.66, 5 years: 0.57), computed from weekly returns as of 2026-08-27.
Is PEG a good diversifier for DPG?
Only partially. A correlation of 0.60 means DPG and PEG share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.60 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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Related comparisons
Hubs: DPG correlations · PEG correlations
