SO correlations (Southern Company)
Every correlation that matters for SO: the assets it tracks, the ones that offset it, and where it sits among 4756 US stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Utilities · Electric Utilities
Volatility (ann.)
16.5%
3y weekly
Beta vs S&P 500
-0.02
3y weekly
1-year return
-1.4%
price, adjusted
5-year return
+62.6%
price, adjusted
Market cap
$102.4B
latest
P/E ratio
21.7
trailing
Dividend yield
3.32%
trailing
Max drawdown
-15.0%
3y, daily closes
SO over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with SO
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| DUK | Duke Energy | 0.85 | |
| WEC | WEC Energy Group | 0.82 | |
| CMS | CMS Energy | 0.81 | |
| ED | Consolidated Edison | 0.80 | |
| XLU | Utilities Select Sector SPDR Fund | 0.79 | |
| LNT | Alliant Energy | 0.77 | |
| EXC | Exelon | 0.76 | |
| DTE | DTE Energy | 0.76 | |
| OGE | OGE Energy Corp | 0.76 | |
| AEP | American Electric Power | 0.75 | |
| EVRG | Evergy | 0.75 | |
| PPL | PPL Corporation | 0.75 | |
| AEE | Ameren | 0.74 | |
| PNW | Pinnacle West Capital | 0.73 | |
| IDA | IDACORP, Inc. | 0.71 |
Best diversifiers for SO
The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from SO.
SO vs benchmarks
SO vs its peers
Get SO data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/so.jsonCorrelations, diversifiers, beta and volatility for SO, plus one endpoint per pair. API documentation.
SO inside major ETFs
| ETF | SO weight | |
|---|---|---|
| XLU | Utilities Select Sector SPDR Fund | 7.45% |
| USMV | iShares MSCI USA Min Vol Factor ETF | 1.33% |
| DGRO | iShares Core Dividend Growth ETF | 0.71% |
| VYM | Vanguard High Dividend Yield ETF | 0.43% |
| VTV | Vanguard Value ETF | 0.4% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.33% |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.18% |
| VOO | Vanguard S&P 500 ETF | 0.17% |
| IVV | iShares Core S&P 500 ETF | 0.15% |
| SPY | SPDR S&P 500 ETF Trust | 0.15% |