EXC vs STVN: Correlation
Exelon (EXC) and Stevanato Group S.p.A. (STVN) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EXC and STVN?
Across a 3-year window, the weekly returns of EXC and STVN correlate at -0.21, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.11) sits close to the 3-year figure. Stretching to 5 years gives 0.02, with an annualized covariance of -191.3 %².
By 3-year correlation, STVN places #29 of the 41 assets tracked against EXC. Twelve-month performance is nearly a tie, at +1.7% for EXC and -0.1% for STVN. Risk is not evenly split, since STVN carries 2.4 times the volatility of the other side.
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 STVN: side by side
| EXC (Exelon) | STVN (Stevanato Group S.p.A.) | |
|---|---|---|
| 1-year return | +1.7% | -0.1% |
| 5-year return | +48.1% | -6.9% |
| Volatility (ann.) | 19.4% | 47.2% |
| Beta vs S&P 500 | -0.05 | 0.80 |
| Max drawdown (3Y) | -18.9% | -61.0% |
| Market cap | $45.3B | $6.1B |
| P/E (trailing) | 16.3 | 39.1 |
| Dividend yield | 3.69% | 0.00% |
| Sector / category | Utilities | US Listed |
Year-by-year returns
| Year | EXC | STVN |
|---|---|---|
| 2022 | +8.3% | -19.7% |
| 2023 | -14.0% | +52.2% |
| 2024 | +9.2% | -19.9% |
| 2025 | +20.0% | -7.4% |
| 2026 | +2.7% | +11.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EXC and STVN good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between EXC and STVN?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.11 over the last year and 0.02 over 5 years.
Is STVN a good diversifier for EXC?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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-stvn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/exc-vs-stvn/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EXC correlations · STVN correlations
