DTE vs. SO
DTE (DTE Energy Company) and SO (The Southern Company) are both stocks. Both operate in the Utilities - Regulated Electric industry within the Utilities sector. Over the past 10 years, DTE returned 9.71%/yr vs 10.67%/yr for SO. A 0.56 correlation means they provide meaningful diversification when combined.
Performance
DTE vs. SO - Performance Comparison
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Returns By Period
In the year-to-date period, DTE achieves a 18.88% return, which is significantly higher than SO's 12.27% return. Over the past 10 years, DTE has underperformed SO with an annualized return of 9.71%, while SO has yielded a comparatively higher 10.67% annualized return.
DTE
- 1D
- 0.67%
- 1M
- 3.20%
- 6M
- 18.05%
- YTD
- 18.88%
- 1Y
- 16.49%
- 3Y*
- 14.70%
- 5Y*
- 8.99%
- 10Y*
- 9.71%
SO
- 1D
- 0.46%
- 1M
- 2.04%
- 6M
- 12.52%
- YTD
- 12.27%
- 1Y
- 7.37%
- 3Y*
- 14.81%
- 5Y*
- 13.52%
- 10Y*
- 10.67%
DTE vs. SO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DTE DTE Energy Company | 18.88% | 10.42% | 13.49% | -2.81% | 1.23% | 19.35% | -2.86% | 21.38% | 4.21% | 14.59% |
SO The Southern Company | 12.27% | 9.47% | 21.72% | 2.21% | 8.24% | 16.34% | 0.63% | 51.65% | -3.75% | 2.42% |
Correlation
The correlation between DTE and SO is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 1981 | 0.56 |
The correlation between DTE and SO shifts across timeframes, from 0.56 (all time) to 0.76 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
DTE:
$31.26B
SO:
$107.78B
DTE:
$4.92
SO:
$3.91
DTE:
30.57
SO:
24.45
DTE:
2.73
SO:
1.51
DTE:
1.91
SO:
3.54
DTE:
2.54
SO:
2.91
DTE:
$16.33B
SO:
$30.17B
DTE:
$9.07B
SO:
$13.01B
DTE:
$4.15B
SO:
$14.44B
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Return for Risk
DTE vs. SO — Risk / Return Rank
DTE
SO
DTE vs. SO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DTE Energy Company (DTE) and The Southern Company (SO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DTE | SO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.60 | ||
| Sortino ratioReturn per unit of downside risk | +0.76 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.08 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.65 | 0.45 | +1.21 |
| Martin ratioReturn relative to average drawdown | 3.82 | 1.04 | +2.78 |
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Drawdowns
DTE vs. SO - Drawdown Comparison
The maximum DTE drawdown since its inception was -67.92%, which is greater than SO's maximum drawdown of -38.43%. Use the drawdown chart below to compare losses from any high point for DTE and SO.
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Drawdown Indicators
| DTE | SO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.92% | -38.43% | -29.49% |
Max Drawdown (1Y)Largest decline over 1 year | -10.13% | -14.99% | +4.86% |
Max Drawdown (3Y)Largest decline over 3 years | -17.97% | -14.99% | -2.98% |
Max Drawdown (5Y)Largest decline over 5 years | -28.93% | -23.28% | -5.65% |
Max Drawdown (10Y)Largest decline over 10 years | -42.45% | -38.43% | -4.02% |
Current DrawdownCurrent decline from peak | -2.52% | -2.42% | -0.10% |
Average DrawdownAverage peak-to-trough decline | -17.20% | -6.86% | -10.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.38% | 6.43% | -2.05% |
Volatility
DTE vs. SO - Volatility Comparison
The current volatility for DTE Energy Company (DTE) is 5.38%, while The Southern Company (SO) has a volatility of 5.70%. This indicates that DTE experiences smaller price fluctuations and is considered to be less risky than SO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DTE | SO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.38% | 5.70% | -0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 13.35% | 13.52% | -0.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.80% | 16.74% | +0.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.92% | 18.69% | +0.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.35% | 21.99% | +0.36% |
Dividends
DTE vs. SO - Dividend Comparison
DTE's dividend yield for the trailing twelve months is around 3.49%, less than SO's 3.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DTE DTE Energy Company | 3.49% | 3.44% | 3.44% | 3.52% | 3.07% | 2.98% | 3.40% | 2.96% | 3.26% | 3.07% | 3.10% | 3.54% |
SO The Southern Company | 3.87% | 3.37% | 3.47% | 3.96% | 3.78% | 3.82% | 4.13% | 3.86% | 5.42% | 4.78% | 4.52% | 4.60% |
Financials
DTE vs. SO - Financials Comparison
This section allows you to compare key financial metrics between DTE Energy Company and The Southern Company. 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
DTE vs. SO - Profitability Comparison
DTE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, DTE Energy Company reported a gross profit of 4.41B and revenue of 5.14B. Therefore, the gross margin over that period was 85.7%.
SO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, The Southern Company reported a gross profit of 3.90B and revenue of 8.40B. Therefore, the gross margin over that period was 46.5%.
DTE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, DTE Energy Company reported an operating income of 412.00M and revenue of 5.14B, resulting in an operating margin of 8.0%.
SO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, The Southern Company reported an operating income of 2.02B and revenue of 8.40B, resulting in an operating margin of 24.0%.
DTE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, DTE Energy Company reported a net income of 1.19M and revenue of 5.14B, resulting in a net margin of 0.0%.
SO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, The Southern Company reported a net income of 1.36B and revenue of 8.40B, resulting in a net margin of 16.2%.
Frequently Asked Questions
DTE and SO have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SO has higher volatility (5.70%) compared to DTE (5.38%). In terms of maximum drawdown, DTE dropped -67.92% vs SO's -38.43%.
DTE currently has the higher Sharpe Ratio (1.00 vs 0.40), 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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