DPG vs SRE: Correlation
Duff & Phelps Utility and Infrastructure Fund Inc. (DPG) and Sempra (SRE) show a strong relationship: their 3-year correlation of weekly returns is 0.61.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DPG and SRE?
Over the past 3 years, DPG and SRE moved with a correlation of 0.61, which is strong. The link has tightened recently: the 1-year correlation (0.72) runs above the 3-year figure (0.61). Over 5 years the correlation is 0.57, and the annualized covariance of weekly returns is 258.2 %².
Among the 30 assets we track against DPG, SRE ranks #13 by 3-year correlation. The last year tells two different stories: DPG led by 15.3 percentage points, +21.3% for DPG against +6.0% for SRE.
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 SRE: side by side
| DPG (Duff & Phelps Utility and Infrastructure Fund Inc.) | SRE (Sempra) | |
|---|---|---|
| 1-year return | +21.3% | +6.0% |
| 5-year return | +54.4% | +50.4% |
| Volatility (ann.) | 17.8% | 23.9% |
| Beta vs S&P 500 | 0.36 | 0.38 |
| Max drawdown (3Y) | -14.2% | -31.6% |
| Market cap | $0.5B | $55.4B |
| P/E (trailing) | 3.4 | 24.7 |
| Dividend yield | 0.00% | 3.06% |
| Sector / category | US Listed | Utilities |
Year-by-year returns
| Year | DPG | SRE |
|---|---|---|
| 2022 | +3.1% | +20.3% |
| 2023 | -25.1% | -0.1% |
| 2024 | +38.2% | +21.1% |
| 2025 | +16.3% | +3.9% |
| 2026 | +19.5% | -2.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DPG and SRE good diversifiers for each other?
Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between DPG and SRE?
As of 2026-08-27, the correlation of weekly returns between DPG and SRE is 0.61 over 3 years, 0.72 over 1 year and 0.57 over 5 years.
Is SRE a good diversifier for DPG?
Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.61 mean?
A reading of 0.61 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: DPG correlations · SRE correlations
