DTE vs EXC: Correlation
Measured on weekly returns over the past three years, DTE Energy (DTE) and Exelon (EXC) carry a correlation of 0.72, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DTE and EXC?
Over the past 3 years, DTE and EXC moved with a correlation of 0.72, which is strong. The link has tightened recently: the 1-year correlation (0.89) runs above the 3-year figure (0.72). Over 5 years the correlation is 0.76, and the annualized covariance of weekly returns is 239.3 %².
By 3-year correlation, EXC places #15 of the 44 assets tracked against DTE. Their 12-month results are close: +1.7% for DTE against +1.7% for EXC. On a rolling one-year basis the correlation drifted between 0.58 and 0.88, a moderate band.
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.
DTE vs EXC: side by side
| DTE (DTE Energy) | EXC (Exelon) | |
|---|---|---|
| 1-year return | +1.7% | +1.7% |
| 5-year return | +33.3% | +48.1% |
| Volatility (ann.) | 17.1% | 19.4% |
| Beta vs S&P 500 | 0.07 | -0.05 |
| Max drawdown (3Y) | -12.4% | -18.9% |
| Market cap | $28.3B | $45.3B |
| P/E (trailing) | 21.8 | 16.3 |
| Dividend yield | 3.39% | 3.69% |
| Sector / category | Utilities | Utilities |
Year-by-year returns
| Year | DTE | EXC |
|---|---|---|
| 2022 | +1.2% | +8.3% |
| 2023 | -2.8% | -14.0% |
| 2024 | +13.5% | +9.2% |
| 2025 | +10.4% | +20.0% |
| 2026 | +7.3% | +2.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DTE and EXC good diversifiers for each other?
Only partially. A correlation of 0.72 means DTE and EXC 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 DTE and EXC?
Using weekly returns as of 2026-08-27: 0.72 over 3 years, with 0.89 over the last year and 0.76 over 5 years.
Is EXC a good diversifier for DTE?
Only partially. A correlation of 0.72 means DTE and EXC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.72 mean?
A reading of 0.72 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/dte-vs-exc.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dte-vs-exc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DTE correlations · EXC correlations
