ETR vs VST: Correlation
Measured on weekly returns over the past three years, Entergy (ETR) and Vistra Corp. (VST) carry a correlation of 0.34, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ETR and VST?
Across a 3-year window, the weekly returns of ETR and VST correlate at 0.34, moderate. The past 12 months show a tighter link (0.56) than the 3-year average (0.34). Stretching to 5 years gives 0.35, with an annualized covariance of 353.1 %².
By 3-year correlation, VST places #25 of the 38 assets tracked against ETR. The last year tells two different stories: ETR led by 49.7 percentage points, +21.9% for ETR against -27.8% for VST. Across three years, the rolling one-year figure varied moderately, from 0.06 to 0.54. Note the risk asymmetry: VST runs 2.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
ETR vs VST: side by side
| ETR (Entergy) | VST (Vistra Corp.) | |
|---|---|---|
| 1-year return | +21.9% | -27.8% |
| 5-year return | +132.0% | +713.7% |
| Volatility (ann.) | 19.7% | 52.8% |
| Beta vs S&P 500 | 0.22 | 1.62 |
| Max drawdown (3Y) | -10.6% | -48.8% |
| Market cap | $49.7B | $46.9B |
| P/E (trailing) | 27.2 | 23.6 |
| Dividend yield | 2.35% | 0.65% |
| Sector / category | Utilities | Utilities |
Year-by-year returns
| Year | ETR | VST |
|---|---|---|
| 2022 | +3.6% | +5.1% |
| 2023 | -6.1% | +70.7% |
| 2024 | +56.0% | +261.5% |
| 2025 | +25.3% | +17.7% |
| 2026 | +17.3% | -13.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ETR and VST good diversifiers for each other?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ETR and VST?
The ETR/VST correlation stands at 0.34 on a 3-year window (1 year: 0.56, 5 years: 0.35), computed from weekly returns as of 2026-08-27.
Is VST a good diversifier for ETR?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.34 mean?
On the −1 to +1 scale, 0.34 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
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Related comparisons
Hubs: ETR correlations · VST correlations
