AIG vs PRU: Correlation
Measured on weekly returns over the past three years, American International Group (AIG) and Prudential Financial (PRU) carry a correlation of 0.58, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIG and PRU?
On 3 years of weekly data the AIG/PRU correlation comes out at 0.58, moderate. The past 12 months show a weaker link (0.32) than the 3-year average (0.58). The 5-year figure is 0.71, and annualized covariance runs at 266.6 %².
Within AIG's tracked universe of 28 assets, PRU comes in at #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with PRU ahead by 20.4 points (-4.6% versus +15.8%). This link changes with the market regime, having swung between 0.33 and 0.84 on a rolling one-year basis.
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 PRU: side by side
| AIG (American International Group) | PRU (Prudential Financial) | |
|---|---|---|
| 1-year return | -4.6% | +15.8% |
| 5-year return | +58.9% | +45.1% |
| Volatility (ann.) | 20.1% | 23.0% |
| Beta vs S&P 500 | 0.46 | 0.79 |
| Max drawdown (3Y) | -17.0% | -25.7% |
| Market cap | $40.1B | $41.5B |
| P/E (trailing) | 14.0 | 10.9 |
| Dividend yield | 2.40% | 4.57% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | AIG | PRU |
|---|---|---|
| 2022 | +13.8% | -3.9% |
| 2023 | +9.8% | +10.1% |
| 2024 | +9.8% | +19.5% |
| 2025 | +20.0% | +0.2% |
| 2026 | -9.3% | +10.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIG and PRU good diversifiers for each other?
To a limited degree. At 0.58 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between AIG and PRU?
Using weekly returns as of 2026-08-27: 0.58 over 3 years, with 0.32 over the last year and 0.71 over 5 years.
Is PRU a good diversifier for AIG?
To a limited degree. At 0.58 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.58 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aig-vs-pru.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aig-vs-pru/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AIG correlations · PRU correlations
