EXC vs FLNT: Correlation
Measured on weekly returns over the past three years, Exelon (EXC) and Fluent, Inc. (FLNT) carry a correlation of -0.24, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EXC and FLNT?
Across a 3-year window, the weekly returns of EXC and FLNT correlate at -0.24, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.27 over 1 year against -0.24 over 3. Stretching to 5 years gives -0.13, with an annualized covariance of -363.7 %².
Within EXC's tracked universe of 41 assets, FLNT comes in at #33 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months FLNT outperformed by 51.8 percentage points (+1.7% for EXC against +53.5% for FLNT). One caveat on sizing: FLNT is 4.1 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.
EXC vs FLNT: side by side
| EXC (Exelon) | FLNT (Fluent, Inc.) | |
|---|---|---|
| 1-year return | +1.7% | +53.5% |
| 5-year return | +48.1% | -77.2% |
| Volatility (ann.) | 19.4% | 78.8% |
| Beta vs S&P 500 | -0.05 | 1.29 |
| Max drawdown (3Y) | -18.9% | -65.8% |
| Market cap | $45.3B | $0.1B |
| P/E (trailing) | 16.3 | – |
| Dividend yield | 3.69% | 0.00% |
| Sector / category | Utilities | US Listed |
Year-by-year returns
| Year | EXC | FLNT |
|---|---|---|
| 2022 | +8.3% | -45.2% |
| 2023 | -14.0% | -38.5% |
| 2024 | +9.2% | -37.3% |
| 2025 | +20.0% | -4.8% |
| 2026 | +2.7% | +54.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EXC and FLNT good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between EXC and FLNT?
As of 2026-08-27, the correlation of weekly returns between EXC and FLNT is -0.24 over 3 years, -0.27 over 1 year and -0.13 over 5 years.
Is FLNT a good diversifier for EXC?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 mean?
On the −1 to +1 scale, -0.24 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/exc-vs-flnt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/exc-vs-flnt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EXC correlations · FLNT correlations