ED correlations (Consolidated Edison)
Which assets move with ED and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Utilities · Multi-Utilities
Volatility (ann.)
16.5%
3y weekly
Beta vs S&P 500
-0.21
3y weekly
1-year return
+10.2%
price, adjusted
5-year return
+67.5%
price, adjusted
Market cap
$39.5B
latest
P/E ratio
17.5
trailing
Dividend yield
3.22%
trailing
Max drawdown
-17.4%
3y, daily closes
ED over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with ED
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| DUK | Duke Energy | 0.81 | |
| CMS | CMS Energy | 0.81 | |
| SO | Southern Company | 0.80 | |
| WEC | WEC Energy Group | 0.80 | |
| LNT | Alliant Energy | 0.75 | |
| EXC | Exelon | 0.74 | |
| DTE | DTE Energy | 0.73 | |
| PPL | PPL Corporation | 0.72 | |
| EVRG | Evergy | 0.72 | |
| AEE | Ameren | 0.71 | |
| PNW | Pinnacle West Capital | 0.70 | |
| FE | FirstEnergy | 0.69 | |
| OGE | OGE Energy Corp | 0.69 | |
| POR | Portland General Electric Co | 0.69 | |
| FTS | Fortis Inc. | 0.69 |
Best diversifiers for ED
If the goal is offsetting ED, these tracked assets have historically moved the most on their own terms.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| FNGO | MicroSectors FANG Index 2X Leveraged ETNs due January 8 | -0.38 | |
| AMZN | Amazon | -0.37 | |
| XLK | Technology Select Sector SPDR Fund | -0.33 | |
| VUG | Vanguard Growth ETF | -0.32 | |
| GOOGL | Alphabet Inc. (Class A) | -0.32 | |
| AVGO | Broadcom | -0.32 | |
| SPYG | SPDR Portfolio S&P 500 Growth ETF | -0.32 | |
| GOOG | Alphabet Inc. (Class C) | -0.32 | |
| CDNS | Cadence Design Systems | -0.31 | |
| APP | AppLovin | -0.31 |
ED vs benchmarks
ED vs its peers
Get ED data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/ed.jsonCorrelations, diversifiers, beta and volatility for ED, plus one endpoint per pair. API documentation.
ED inside major ETFs
| ETF | ED weight | |
|---|---|---|
| XLU | Utilities Select Sector SPDR Fund | 2.93% |
| USMV | iShares MSCI USA Min Vol Factor ETF | 1.19% |
| QUAL | iShares MSCI USA Quality Factor ETF | 0.47% |
| DGRO | iShares Core Dividend Growth ETF | 0.29% |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.19% |
| VYM | Vanguard High Dividend Yield ETF | 0.16% |
| VTV | Vanguard Value ETF | 0.15% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.13% |
| IVV | iShares Core S&P 500 ETF | 0.06% |
| SPY | SPDR S&P 500 ETF Trust | 0.06% |
