DUK vs RPD: Correlation
Measured on weekly returns over the past three years, Duke Energy (DUK) and Rapid7, Inc. (RPD) carry a correlation of -0.28, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DUK and RPD?
Across a 3-year window, the weekly returns of DUK and RPD correlate at -0.28, 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. Stretching to 5 years gives -0.06, with an annualized covariance of -251.9 %².
Among the 53 assets we track against DUK, RPD sits near the bottom by co-movement, at rank #50. Their recent paths diverged sharply: over the last 12 months DUK outperformed by 35.8 percentage points (+1.1% for DUK against -34.7% for RPD). One caveat on sizing: RPD is 3.5 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.
DUK vs RPD: side by side
| DUK (Duke Energy) | RPD (Rapid7, Inc.) | |
|---|---|---|
| 1-year return | +1.1% | -34.7% |
| 5-year return | +39.8% | -88.9% |
| Volatility (ann.) | 15.9% | 56.3% |
| Beta vs S&P 500 | -0.09 | 1.42 |
| Max drawdown (3Y) | -11.6% | -91.8% |
| Market cap | $94.2B | $0.9B |
| P/E (trailing) | 18.3 | 37.5 |
| Dividend yield | 3.49% | 0.00% |
| Sector / category | Utilities | US Listed |
Year-by-year returns
| Year | DUK | RPD |
|---|---|---|
| 2022 | +2.0% | -71.1% |
| 2023 | -1.6% | +68.0% |
| 2024 | +15.6% | -29.5% |
| 2025 | +12.7% | -62.2% |
| 2026 | +5.8% | -11.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DUK and RPD good diversifiers for each other?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between DUK and RPD?
As of 2026-08-27, the correlation of weekly returns between DUK and RPD is -0.28 over 3 years, -0.28 over 1 year and -0.06 over 5 years.
Is RPD a good diversifier for DUK?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.28 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: DUK correlations · RPD correlations
