LNT vs POR: Correlation
How closely do Alliant Energy (LNT) and Portland General Electric Co (POR) trade together? Their weekly returns over three years give a correlation of 0.76, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LNT and POR?
On 3 years of weekly data the LNT/POR correlation comes out at 0.76, strong. Little has changed lately, as the 1-year reading of 0.78 lands near the 3-year figure. The 5-year figure is 0.78, and annualized covariance runs at 246.1 %².
Within LNT's tracked universe of 43 assets, POR comes in at #12 by 3-year correlation. The trailing year gives POR the advantage: +6.9% versus +21.0%, a 14.1-point spread.
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 POR: side by side
| LNT (Alliant Energy) | POR (Portland General Electric Co) | |
|---|---|---|
| 1-year return | +6.9% | +21.0% |
| 5-year return | +31.9% | +20.7% |
| Volatility (ann.) | 17.5% | 18.5% |
| Beta vs S&P 500 | 0.09 | 0.10 |
| Max drawdown (3Y) | -12.4% | -16.3% |
| Market cap | $17.7B | $5.9B |
| P/E (trailing) | 21.8 | 22.2 |
| Dividend yield | 3.03% | 4.24% |
| Sector / category | Utilities | US Listed |
Year-by-year returns
| Year | LNT | POR |
|---|---|---|
| 2022 | -7.4% | -4.0% |
| 2023 | -3.8% | -7.7% |
| 2024 | +19.5% | +5.3% |
| 2025 | +13.5% | +15.4% |
| 2026 | +7.4% | +6.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LNT and POR good diversifiers for each other?
Only partially. A correlation of 0.76 means LNT and POR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between LNT and POR?
Using weekly returns as of 2026-08-27: 0.76 over 3 years, with 0.78 over the last year and 0.78 over 5 years.
Is POR a good diversifier for LNT?
Only partially. A correlation of 0.76 means LNT and POR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.76 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/lnt-vs-por.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lnt-vs-por/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LNT correlations · POR correlations