ES Eversource Energy

together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture

ES vs XLU

Both indexed to 100 at 2026-05-11.

ES XLU · range 88–113 · 2026-05-11 → 2026-11-06

Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").

XLU State Street Utilities Select Sector SPDR ETF

ρ +0.65beyond mkt +0.44holdout +0.74stable 100%robust

WEC WEC Energy Group, Inc.

ρ +0.66beyond mkt +0.42holdout +0.76stable 100%robust

SO The Southern Company

ρ +0.65beyond mkt +0.42holdout +0.76stable 100%robust

LNT Alliant Energy Corporation Common Stock

ρ +0.66beyond mkt +0.41holdout +0.77stable 100%robust

D Dominion Energy, Inc Common Stock

ρ +0.65beyond mkt +0.41holdout +0.69stable 100%robust

CMS CMS Energy Corporation

ρ +0.65beyond mkt +0.39holdout +0.74stable 100%robust

No day-to-day relationship, but 5- or 10-day returns move together.

OIS OIL STATES INTERNATIONAL, INC.

horizon 10dρ +0.36holdout +0.19stable 12%moderate

Biggest shifts in same-day correlation over the last 63 trading days versus the year before.

DBMF iMGP DBi Managed Futures Strategy ETF

Δ -0.62recent -0.61prior +0.01beyond mkt -0.04

RSBT Return Stacked Bonds & Managed Futures ETF

Δ -0.62recent -0.50prior +0.12beyond mkt -0.04

OII Oceaneering International Inc.

Δ -0.56recent -0.47prior +0.09beyond mkt -0.06

AVD American Vanguard Corporation

Δ -0.56recent -0.35prior +0.21beyond mkt +0.03

OIS OIL STATES INTERNATIONAL, INC.

Δ -0.55recent -0.46prior +0.09beyond mkt -0.06

CDNA CareDx, Inc. Common Stock

Δ -0.55recent -0.44prior +0.12beyond mkt +0.01

Strong beyond-the-market co-movement with few shared neighbours.

Symbol	beyond mkt	raw ρ	shared
POR Portland General Electric Company	+0.39	+0.62	20
XLU State Street Utilities Select Sector SPDR ETF	+0.44	+0.65	22
EVRG Evergy, Inc. Common Stock	+0.39	+0.63	25
WEC WEC Energy Group, Inc.	+0.42	+0.66	26
SO The Southern Company	+0.42	+0.65	26
PNW Pinnacle West Capital Corporation	+0.37	+0.63	26