AIG vs MET: Correlation
American International Group (AIG) and MetLife (MET) show a strong relationship: their 3-year correlation of weekly returns is 0.65.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIG and MET?
Across a 3-year window, the weekly returns of AIG and MET correlate at 0.65, strong. The past 12 months show a weaker link (0.54) than the 3-year average (0.65). Stretching to 5 years gives 0.74, with an annualized covariance of 305.0 %².
Few assets follow AIG as closely as MET, which ranks #2 of 28 tracked partners. Correlation aside, the last 12 months split them widely, with MET ahead by 26.7 points (-4.6% versus +22.1%). The rolling one-year correlation stayed in a tight band between 0.56 and 0.80 over the past three years, which points to a structural rather than episodic relationship.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
AIG vs MET: side by side
| AIG (American International Group) | MET (MetLife) | |
|---|---|---|
| 1-year return | -4.6% | +22.1% |
| 5-year return | +58.9% | +80.8% |
| Volatility (ann.) | 20.1% | 23.3% |
| Beta vs S&P 500 | 0.46 | 0.89 |
| Max drawdown (3Y) | -17.0% | -22.0% |
| Market cap | $40.1B | $61.2B |
| P/E (trailing) | 14.0 | 18.5 |
| Dividend yield | 2.40% | 2.38% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | AIG | MET |
|---|---|---|
| 2022 | +13.8% | +19.2% |
| 2023 | +9.8% | -5.5% |
| 2024 | +9.8% | +27.7% |
| 2025 | +20.0% | -0.8% |
| 2026 | -9.3% | +24.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIG and MET good diversifiers for each other?
Only partially. A correlation of 0.65 means AIG and MET share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between AIG and MET?
Using weekly returns as of 2026-08-27: 0.65 over 3 years, with 0.54 over the last year and 0.74 over 5 years.
Is MET a good diversifier for AIG?
Only partially. A correlation of 0.65 means AIG and MET share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.65 mean?
A reading of 0.65 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aig-vs-met.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aig-vs-met/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AIG correlations · MET correlations
