EVRG vs EXC: Correlation
Evergy (EVRG) and Exelon (EXC) show a strong relationship: their 3-year correlation of weekly returns is 0.77.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EVRG and EXC?
Across a 3-year window, the weekly returns of EVRG and EXC correlate at 0.77, strong. Lately the two have moved closer together, with the 1-year correlation at 0.88 versus 0.77 over 3 years. Stretching to 5 years gives 0.75, with an annualized covariance of 265.3 %².
By 3-year correlation, EXC places #12 of the 44 assets tracked against EVRG. Correlation aside, the last 12 months split them widely, with EVRG ahead by 15.2 points (+16.9% versus +1.7%). On a rolling one-year basis the correlation drifted between 0.55 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.
EVRG vs EXC: side by side
| EVRG (Evergy) | EXC (Exelon) | |
|---|---|---|
| 1-year return | +16.9% | +1.7% |
| 5-year return | +46.3% | +48.1% |
| Volatility (ann.) | 17.9% | 19.4% |
| Beta vs S&P 500 | 0.13 | -0.05 |
| Max drawdown (3Y) | -15.8% | -18.9% |
| Market cap | $18.8B | $45.3B |
| P/E (trailing) | 20.9 | 16.3 |
| Dividend yield | 3.35% | 3.69% |
| Sector / category | Utilities | Utilities |
Year-by-year returns
| Year | EVRG | EXC |
|---|---|---|
| 2022 | -4.9% | +8.3% |
| 2023 | -13.3% | -14.0% |
| 2024 | +23.4% | +9.2% |
| 2025 | +22.4% | +20.0% |
| 2026 | +15.2% | +2.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EVRG and EXC good diversifiers for each other?
Somewhat, no more. With 0.77 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between EVRG and EXC?
As of 2026-08-27, the correlation of weekly returns between EVRG and EXC is 0.77 over 3 years, 0.88 over 1 year and 0.75 over 5 years.
Is EXC a good diversifier for EVRG?
Somewhat, no more. With 0.77 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.77 mean?
A reading of 0.77 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/evrg-vs-exc.json
Embed this badge (it refreshes with the data), with attribution:
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The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EVRG correlations · EXC correlations
