NRG vs VRT: Correlation
Measured on weekly returns over the past three years, NRG Energy (NRG) and Vertiv (VRT) carry a correlation of 0.52, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NRG and VRT?
On 3 years of weekly data the NRG/VRT correlation comes out at 0.52, moderate. The link has loosened recently: the 1-year correlation (0.33) runs below the 3-year figure (0.52). The 5-year figure is 0.41, and annualized covariance runs at 1324.8 %².
Among the 31 assets we track against NRG, VRT ranks #12 by 3-year correlation. Correlation aside, the last 12 months split them widely, with VRT ahead by 130.3 points (-21.8% versus +108.5%). Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from 0.18 to 0.68.
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.
NRG vs VRT: side by side
| NRG (NRG Energy) | VRT (Vertiv) | |
|---|---|---|
| 1-year return | -21.8% | +108.5% |
| 5-year return | +191.5% | +847.7% |
| Volatility (ann.) | 44.4% | 57.1% |
| Beta vs S&P 500 | 1.30 | 2.36 |
| Max drawdown (3Y) | -38.9% | -61.3% |
| Market cap | $24.1B | $103.7B |
| P/E (trailing) | 30.2 | 59.6 |
| Dividend yield | 1.61% | 0.07% |
| Sector / category | Utilities | Industrials |
Year-by-year returns
| Year | NRG | VRT |
|---|---|---|
| 2022 | -23.5% | -45.3% |
| 2023 | +69.4% | +251.8% |
| 2024 | +78.6% | +136.8% |
| 2025 | +78.9% | +42.8% |
| 2026 | -27.5% | +66.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NRG and VRT good diversifiers for each other?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between NRG and VRT?
Using weekly returns as of 2026-08-27: 0.52 over 3 years, with 0.33 over the last year and 0.41 over 5 years.
Is VRT a good diversifier for NRG?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.52 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/nrg-vs-vrt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/nrg-vs-vrt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: NRG correlations · VRT correlations
