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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

Correlation (3Y)
0.76
strong
Correlation (1Y)
0.78
last 12 months
Correlation (5Y)
0.78
long-run
Ann. covariance
246.1
%² · weekly, annualized

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 5000.090.10
Max drawdown (3Y)-12.4%-16.3%
Market cap$17.7B$5.9B
P/E (trailing)21.822.2
Dividend yield3.03%4.24%
Sector / categoryUtilitiesUS Listed
Lower P/E: LNT 21.8 vs 22.2Higher yield: POR 4.24% vs 3.03%Smaller drawdown: LNT -12.4% vs -16.3%Higher 5y return: LNT +31.9% vs +20.7%
-1%0%+30%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. LNT · POR

Year-by-year returns

YearLNTPOR
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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/lnt-vs-por.json

LNT vs POR: 3-year weekly correlation 0.76LNT vs POR0.76

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Related comparisons

Hubs: LNT correlations · POR correlations