EVRG vs POR: Correlation
Measured on weekly returns over the past three years, Evergy (EVRG) and Portland General Electric Co (POR) carry a correlation of 0.74, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EVRG and POR?
Across a 3-year window, the weekly returns of EVRG and POR correlate at 0.74, strong. Recent behaviour matches the longer record: 0.76 over 1 year against 0.74 over 3. Stretching to 5 years gives 0.74, with an annualized covariance of 243.5 %².
Among the 44 assets we track against EVRG, POR ranks #17 by 3-year correlation. Their 12-month results are close: +16.9% for EVRG against +21.0% for POR.
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 POR: side by side
| EVRG (Evergy) | POR (Portland General Electric Co) | |
|---|---|---|
| 1-year return | +16.9% | +21.0% |
| 5-year return | +46.3% | +20.7% |
| Volatility (ann.) | 17.9% | 18.5% |
| Beta vs S&P 500 | 0.13 | 0.10 |
| Max drawdown (3Y) | -15.8% | -16.3% |
| Market cap | $18.8B | $5.9B |
| P/E (trailing) | 20.9 | 22.2 |
| Dividend yield | 3.35% | 4.24% |
| Sector / category | Utilities | US Listed |
Year-by-year returns
| Year | EVRG | POR |
|---|---|---|
| 2022 | -4.9% | -4.0% |
| 2023 | -13.3% | -7.7% |
| 2024 | +23.4% | +5.3% |
| 2025 | +22.4% | +15.4% |
| 2026 | +15.2% | +6.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EVRG and POR good diversifiers for each other?
To a limited degree. At 0.74 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 EVRG and POR?
Using weekly returns as of 2026-08-27: 0.74 over 3 years, with 0.76 over the last year and 0.74 over 5 years.
Is POR a good diversifier for EVRG?
To a limited degree. At 0.74 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 0.74 mean?
On the −1 to +1 scale, 0.74 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/evrg-vs-por.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/evrg-vs-por/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EVRG correlations · POR correlations
