NI correlations (NiSource)
Which assets move with NI 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.)
17.8%
3y weekly
Beta vs S&P 500
0.26
3y weekly
1-year return
-0.9%
price, adjusted
5-year return
+94.6%
price, adjusted
Market cap
$19.6B
latest
P/E ratio
21.9
trailing
Dividend yield
1.41%
trailing
Max drawdown
-16.7%
3y, daily closes
NI over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with NI
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| OGE | OGE Energy Corp | 0.83 | |
| XLU | Utilities Select Sector SPDR Fund | 0.83 | |
| AEE | Ameren | 0.82 | |
| ETR | Entergy | 0.80 | |
| LNT | Alliant Energy | 0.80 | |
| PPL | PPL Corporation | 0.78 | |
| WEC | WEC Energy Group | 0.77 | |
| DTE | DTE Energy | 0.77 | |
| CMS | CMS Energy | 0.75 | |
| ATO | Atmos Energy | 0.75 | |
| EVRG | Evergy | 0.75 | |
| PNW | Pinnacle West Capital | 0.72 | |
| AEP | American Electric Power | 0.72 | |
| PEG | Public Service Enterprise Group | 0.71 | |
| DPG | Duff & Phelps Utility and Infrastructure Fund Inc. | 0.70 |
Best diversifiers for NI
The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from NI.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.27 | |
| PSIG | PS International Group Ltd. | -0.26 | |
| AYTU | Aytu BioPharma, Inc. | -0.23 | |
| FRNM | Freenome, Inc. | -0.23 | |
| FEMY | Femasys Inc. | -0.22 | |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.22 | |
| DGZ | DB Gold Short ETN due February 15, 2038 | -0.20 | |
| CLRO | ClearOne, Inc. | -0.20 | |
| RETO | ReTo Eco-Solutions, Inc. - Class A Shares | -0.20 | |
| BBOT | BridgeBio Oncology Therapeutics, Inc. | -0.20 |
NI vs benchmarks
NI vs its peers
Get NI data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/ni.jsonCorrelations, diversifiers, beta and volatility for NI, plus one endpoint per pair. API documentation.
NI inside major ETFs
| ETF | NI weight | |
|---|---|---|
| XLU | Utilities Select Sector SPDR Fund | 1.45% |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.16% |
| DGRO | iShares Core Dividend Growth ETF | 0.11% |
| VIG | Vanguard Dividend Appreciation ETF | 0.09% |
| VYM | Vanguard High Dividend Yield ETF | 0.09% |
| MTUM | iShares MSCI USA Momentum Factor ETF | 0.08% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.06% |
