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MGEE correlations (MGE Energy Inc.)

Which assets move with MGEE and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)
27.4%
3y weekly
Beta vs S&P 500
0.26
3y weekly
1-year return
-8.3%
price, adjusted
5-year return
+8.2%
price, adjusted
Market cap
$3.0B
latest
P/E ratio
19.5
trailing
Dividend yield
2.39%
trailing
Max drawdown
-30.9%
3y, daily closes
-12%0%+2%2025-09-052026-08-27
MGEE over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with MGEE

AssetCorrelation (3Y)
PPLPPL Corporation0.61
PNWPinnacle West Capital0.59
EVRGEvergy0.59
OGEOGE Energy Corp0.57
LNTAlliant Energy0.55

Best diversifiers for MGEE

These are the assets whose returns had the least to do with MGEE's, historically the most independent picks in our universe.

AssetCorrelation (3Y)
EVCEntravision Communications Corporation-0.24
MTEXMannatech, Incorporated-0.23
QTIQT Imaging Holdings, Inc.-0.22

MGEE vs benchmarks

MGEE vs SPY 0.14 MGEE vs QQQ 0.01

Get MGEE data as JSON

Free API · no key required
$ curl https://www.pairbook.io/api/v1/symbols/mgee.json

Correlations, diversifiers, beta and volatility for MGEE, plus one endpoint per pair. API documentation.

MGEE inside major ETFs

ETFMGEE weight
IWMiShares Russell 2000 ETF0.09%