DTE vs MSFT: Correlation
DTE Energy (DTE) and Microsoft (MSFT) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DTE and MSFT?
Over the past 3 years, DTE and MSFT moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.28) sits close to the 3-year figure. Over 5 years the correlation is 0.01, and the annualized covariance of weekly returns is -103.1 %².
By 3-year correlation, MSFT places #37 of the 44 assets tracked against DTE. Twelve-month performance is nearly a tie, at +1.7% for DTE and +0.5% for MSFT. Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from -0.39 to 0.24. One caveat on sizing: MSFT is 1.6 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.
DTE vs MSFT: side by side
| DTE (DTE Energy) | MSFT (Microsoft) | |
|---|---|---|
| 1-year return | +1.7% | +0.5% |
| 5-year return | +33.3% | +73.3% |
| Volatility (ann.) | 17.1% | 27.5% |
| Beta vs S&P 500 | 0.07 | 1.12 |
| Max drawdown (3Y) | -12.4% | -34.5% |
| Market cap | $28.3B | $3,750.3B |
| P/E (trailing) | 21.8 | 28.1 |
| Dividend yield | 3.39% | 0.73% |
| Sector / category | Utilities | Information Technology |
Year-by-year returns
| Year | DTE | MSFT |
|---|---|---|
| 2022 | +1.2% | -28.0% |
| 2023 | -2.8% | +58.2% |
| 2024 | +13.5% | +12.9% |
| 2025 | +10.4% | +15.6% |
| 2026 | +7.3% | +5.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DTE and MSFT good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between DTE and MSFT?
The DTE/MSFT correlation stands at -0.22 on a 3-year window (1 year: -0.28, 5 years: 0.01), computed from weekly returns as of 2026-08-27.
Is MSFT a good diversifier for DTE?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 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
$ curl https://www.pairbook.io/api/v1/pairs/dte-vs-msft.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dte-vs-msft/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DTE correlations · MSFT correlations
