ALE vs. D
ALE (ALLETE, Inc.) and D (Dominion Energy, Inc.) are both stocks. Both operate in the Utilities - Diversified industry within the Utilities sector. Over the past 10 years, ALE returned 5.06%/yr vs 3.29%/yr for D. At a 0.44 correlation, their price movements are largely independent.
Performance
ALE vs. D - Performance Comparison
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Returns By Period
Over the past 10 years, ALE has outperformed D with an annualized return of 5.06%, while D has yielded a comparatively lower 3.29% annualized return.
ALE
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.37%
- 1Y
- 5.13%
- 3Y*
- 7.20%
- 5Y*
- 3.37%
- 10Y*
- 5.06%
D
- 1D
- -1.52%
- 1M
- 5.03%
- YTD
- 14.05%
- 6M
- 12.57%
- 1Y
- 20.57%
- 3Y*
- 14.91%
- 5Y*
- 1.34%
- 10Y*
- 3.29%
ALE vs. D - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALE ALLETE, Inc. | 0.00% | 8.35% | 10.89% | -0.65% | 1.49% | 11.19% | -20.47% | 9.62% | 5.60% | 19.38% |
D Dominion Energy, Inc. | 14.05% | 13.96% | 20.43% | -19.13% | -19.12% | 8.12% | -5.35% | 21.50% | -7.59% | 9.91% |
Correlation
The correlation between ALE and D is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Oct 4, 1984 | 0.44 |
Over the past year, the correlation between ALE and D has dropped to 0.14 - well below their long-term average of 0.44, suggesting their price drivers have been diverging.
Fundamentals
ALE:
$2.85
D:
$3.67
ALE:
23.83
D:
17.83
ALE:
198.23
D:
0.96
ALE:
2.63
D:
2.40
ALE:
$1.50B
D:
$17.45B
ALE:
$416.20M
D:
$6.03B
ALE:
$474.50M
D:
$7.08B
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Return for Risk
ALE vs. D — Risk / Return Rank
ALE
D
ALE vs. D - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ALLETE, Inc. (ALE) and Dominion Energy, Inc. (D). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ALE | D | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.65 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.20 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.23 | 2.11 | -0.88 |
| Martin ratioReturn relative to average drawdown | 5.27 | 5.75 | -0.47 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ALE | D | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.06 | 1.00 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.19 | 0.06 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.22 | 0.14 | +0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.49 | -0.09 |
Drawdowns
ALE vs. D - Drawdown Comparison
The maximum ALE drawdown since its inception was -48.82%, smaller than the maximum D drawdown of -52.20%. Use the drawdown chart below to compare losses from any high point for ALE and D.
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Drawdown Indicators
| ALE | D | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.82% | -52.20% | +3.38% |
Max Drawdown (1Y)Largest decline over 1 year | -4.96% | -9.77% | +4.81% |
Max Drawdown (3Y)Largest decline over 3 years | -18.49% | -26.41% | +7.92% |
Max Drawdown (5Y)Largest decline over 5 years | -30.13% | -52.20% | +22.07% |
Max Drawdown (10Y)Largest decline over 10 years | -42.22% | -52.20% | +9.98% |
Current DrawdownCurrent decline from peak | -0.66% | -9.76% | +9.10% |
Average DrawdownAverage peak-to-trough decline | -12.07% | -9.58% | -2.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.07% | 3.62% | -2.55% |
Volatility
ALE vs. D - Volatility Comparison
The current volatility for ALLETE, Inc. (ALE) is 0.00%, while Dominion Energy, Inc. (D) has a volatility of 11.08%. This indicates that ALE experiences smaller price fluctuations and is considered to be less risky than D based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALE | D | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 11.08% | -11.08% |
Volatility (6M)Calculated over the trailing 6-month period | 0.83% | 16.48% | -15.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.80% | 20.73% | -14.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.47% | 22.82% | -4.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.89% | 23.72% | +0.17% |
Dividends
ALE vs. D - Dividend Comparison
ALE's dividend yield for the trailing twelve months is around 1.08%, less than D's 4.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALE ALLETE, Inc. | 1.08% | 3.23% | 4.35% | 4.43% | 4.03% | 3.80% | 3.99% | 2.90% | 2.94% | 2.88% | 3.24% | 3.97% |
D Dominion Energy, Inc. | 4.08% | 4.56% | 4.96% | 5.68% | 4.35% | 3.21% | 4.59% | 4.43% | 4.67% | 3.74% | 3.66% | 3.83% |
Financials
ALE vs. D - Financials Comparison
This section allows you to compare key financial metrics between ALLETE, Inc. and Dominion Energy, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ALE vs. D - Profitability Comparison
ALE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ALLETE, Inc. reported a gross profit of 46.20M and revenue of 375.00M. Therefore, the gross margin over that period was 12.3%.
D - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Dominion Energy, Inc. reported a gross profit of 0.00 and revenue of 5.02B. Therefore, the gross margin over that period was 0.0%.
ALE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ALLETE, Inc. reported an operating income of 29.60M and revenue of 375.00M, resulting in an operating margin of 7.9%.
D - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Dominion Energy, Inc. reported an operating income of 1.39B and revenue of 5.02B, resulting in an operating margin of 27.7%.
ALE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ALLETE, Inc. reported a net income of 27.10M and revenue of 375.00M, resulting in a net margin of 7.2%.
D - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Dominion Energy, Inc. reported a net income of 690.00K and revenue of 5.02B, resulting in a net margin of 0.0%.
Frequently Asked Questions
ALE and D have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
D has higher volatility (11.08%) compared to ALE (0.00%). In terms of maximum drawdown, ALE dropped -48.82% vs D's -52.20%.
ALE currently has the higher Sharpe Ratio (1.06 vs 1.00), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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