LNT vs MO: Correlation
How closely do Alliant Energy (LNT) and Altria (MO) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LNT and MO?
Across a 3-year window, the weekly returns of LNT and MO correlate at 0.45, moderate. The link has tightened recently: the 1-year correlation (0.56) runs above the 3-year figure (0.45). Stretching to 5 years gives 0.37, with an annualized covariance of 171.0 %².
By 3-year correlation, MO places #30 of the 43 assets tracked against LNT. Neither side won the trailing year by much: +6.9% against +8.8%. On a rolling one-year basis the correlation drifted between 0.11 and 0.59, 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.
LNT vs MO: side by side
| LNT (Alliant Energy) | MO (Altria) | |
|---|---|---|
| 1-year return | +6.9% | +8.8% |
| 5-year return | +31.9% | +100.4% |
| Volatility (ann.) | 17.5% | 21.8% |
| Beta vs S&P 500 | 0.09 | -0.07 |
| Max drawdown (3Y) | -12.4% | -16.4% |
| Market cap | $17.7B | $113.0B |
| P/E (trailing) | 21.8 | 14.6 |
| Dividend yield | 3.03% | 6.13% |
| Sector / category | Utilities | Consumer Staples |
Year-by-year returns
| Year | LNT | MO |
|---|---|---|
| 2022 | -7.4% | +4.4% |
| 2023 | -3.8% | -3.7% |
| 2024 | +19.5% | +40.8% |
| 2025 | +13.5% | +18.2% |
| 2026 | +7.4% | +21.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LNT and MO good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between LNT and MO?
As of 2026-08-27, the correlation of weekly returns between LNT and MO is 0.45 over 3 years, 0.56 over 1 year and 0.37 over 5 years.
Is MO a good diversifier for LNT?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.45 mean?
A reading of 0.45 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/lnt-vs-mo.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lnt-vs-mo/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LNT correlations · MO correlations
