LNT vs SRE: Correlation
Alliant Energy (LNT) and Sempra (SRE) show a moderate relationship: their 3-year correlation of weekly returns is 0.59.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LNT and SRE?
On 3 years of weekly data the LNT/SRE correlation comes out at 0.59, moderate. The link has tightened recently: the 1-year correlation (0.80) runs above the 3-year figure (0.59). The 5-year figure is 0.67, and annualized covariance runs at 247.5 %².
Within LNT's tracked universe of 43 assets, SRE comes in at #25 by 3-year correlation. Neither side won the trailing year by much: +6.9% against +6.0%. The rolling one-year correlation moved between 0.32 and 0.82 over the past three years, a moderate range.
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 SRE: side by side
| LNT (Alliant Energy) | SRE (Sempra) | |
|---|---|---|
| 1-year return | +6.9% | +6.0% |
| 5-year return | +31.9% | +50.4% |
| Volatility (ann.) | 17.5% | 23.9% |
| Beta vs S&P 500 | 0.09 | 0.38 |
| Max drawdown (3Y) | -12.4% | -31.6% |
| Market cap | $17.7B | $55.4B |
| P/E (trailing) | 21.8 | 24.7 |
| Dividend yield | 3.03% | 3.06% |
| Sector / category | Utilities | Utilities |
Year-by-year returns
| Year | LNT | SRE |
|---|---|---|
| 2022 | -7.4% | +20.3% |
| 2023 | -3.8% | -0.1% |
| 2024 | +19.5% | +21.1% |
| 2025 | +13.5% | +3.9% |
| 2026 | +7.4% | -2.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LNT and SRE good diversifiers for each other?
Somewhat, no more. With 0.59 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between LNT and SRE?
As of 2026-08-27, the correlation of weekly returns between LNT and SRE is 0.59 over 3 years, 0.80 over 1 year and 0.67 over 5 years.
Is SRE a good diversifier for LNT?
Somewhat, no more. With 0.59 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.59 mean?
On the −1 to +1 scale, 0.59 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/lnt-vs-sre.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lnt-vs-sre/)
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Related comparisons
Hubs: LNT correlations · SRE correlations
