ES correlations (Eversource Energy)
Which assets move with ES 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 · Electric Utilities
Volatility (ann.)
22.9%
3y weekly
Beta vs S&P 500
0.20
3y weekly
1-year return
+14.5%
price, adjusted
5-year return
-5.0%
price, adjusted
Market cap
$26.7B
latest
P/E ratio
18.6
trailing
Dividend yield
4.30%
trailing
Max drawdown
-18.8%
3y, daily closes
ES over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with ES
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| DTE | DTE Energy | 0.75 | |
| XLU | Utilities Select Sector SPDR Fund | 0.68 | |
| LNT | Alliant Energy | 0.65 | |
| AEP | American Electric Power | 0.63 | |
| CMS | CMS Energy | 0.63 | |
| POR | Portland General Electric Co | 0.63 | |
| WEC | WEC Energy Group | 0.63 | |
| ERH | Allspring Utilities and High Income Fund | 0.63 | |
| PPL | PPL Corporation | 0.62 | |
| D | Dominion Energy | 0.61 | |
| DPG | Duff & Phelps Utility and Infrastructure Fund Inc. | 0.61 | |
| EVRG | Evergy | 0.61 | |
| NI | NiSource | 0.60 | |
| SO | Southern Company | 0.60 | |
| OGE | OGE Energy Corp | 0.60 |
Best diversifiers for ES
The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from ES.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| LNAI | Lunai Bioworks Inc. | -0.31 | |
| MNDR | Mobile-health Network Solutions - Class A | -0.29 | |
| HERZ | Herzfeld Credit Income Fund, Inc. - Closed End Fund | -0.27 | |
| PSIG | PS International Group Ltd. | -0.25 | |
| GOOGL | Alphabet Inc. (Class A) | -0.24 | |
| GOOG | Alphabet Inc. (Class C) | -0.23 | |
| TBBB | BBB Foods Inc. Class A | -0.22 | |
| PACS | PACS Group, Inc. | -0.22 | |
| DGZ | DB Gold Short ETN due February 15, 2038 | -0.20 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.19 |
ES vs benchmarks
ES vs its peers
Get ES data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/es.jsonCorrelations, diversifiers, beta and volatility for ES, plus one endpoint per pair. API documentation.
