DTE vs UGI: Correlation
Measured on weekly returns over the past three years, DTE Energy (DTE) and UGI Corporation (UGI) carry a correlation of 0.55, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DTE and UGI?
Over the past 3 years, DTE and UGI moved with a correlation of 0.55, which is moderate. The past 12 months show a weaker link (0.38) than the 3-year average (0.55). Over 5 years the correlation is 0.51, and the annualized covariance of weekly returns is 265.0 %².
By 3-year correlation, UGI places #27 of the 44 assets tracked against DTE. On 12-month performance UGI holds a 12.1-point edge, +1.7% against +13.8%. One caveat on sizing: UGI 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 UGI: side by side
| DTE (DTE Energy) | UGI (UGI Corporation) | |
|---|---|---|
| 1-year return | +1.7% | +13.8% |
| 5-year return | +33.3% | +3.7% |
| Volatility (ann.) | 17.1% | 28.1% |
| Beta vs S&P 500 | 0.07 | 0.14 |
| Max drawdown (3Y) | -12.4% | -19.6% |
| Market cap | $28.3B | $8.2B |
| P/E (trailing) | 21.8 | 12.8 |
| Dividend yield | 3.39% | 3.90% |
| Sector / category | Utilities | US Listed |
Year-by-year returns
| Year | DTE | UGI |
|---|---|---|
| 2022 | +1.2% | -16.1% |
| 2023 | -2.8% | -29.8% |
| 2024 | +13.5% | +21.9% |
| 2025 | +10.4% | +38.3% |
| 2026 | +7.3% | +4.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DTE and UGI good diversifiers for each other?
To a limited degree. At 0.55 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between DTE and UGI?
Using weekly returns as of 2026-08-27: 0.55 over 3 years, with 0.38 over the last year and 0.51 over 5 years.
Is UGI a good diversifier for DTE?
To a limited degree. At 0.55 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.55 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-ugi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dte-vs-ugi/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DTE correlations · UGI correlations
