ASPS vs MET: Correlation
Altisource Portfolio Solutions S.A. (ASPS) and MetLife (MET) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASPS and MET?
Over the past 3 years, ASPS and MET moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.40 versus -0.21 over 3 years. Over 5 years the correlation is -0.05, and the annualized covariance of weekly returns is -417.1 %².
Among the 17 assets we track against ASPS, MET ranks #12 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months MET outperformed by 74.5 percentage points (-52.4% for ASPS against +22.1% for MET). One caveat on sizing: ASPS is 3.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
ASPS vs MET: side by side
| ASPS (Altisource Portfolio Solutions S.A.) | MET (MetLife) | |
|---|---|---|
| 1-year return | -52.4% | +22.1% |
| 5-year return | -93.2% | +80.8% |
| Volatility (ann.) | 85.7% | 23.3% |
| Beta vs S&P 500 | -0.36 | 0.89 |
| Max drawdown (3Y) | -88.8% | -22.0% |
| Market cap | $0.1B | $61.2B |
| P/E (trailing) | – | 18.5 |
| Dividend yield | 0.00% | 2.38% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | ASPS | MET |
|---|---|---|
| 2022 | -15.7% | +19.2% |
| 2023 | -62.4% | -5.5% |
| 2024 | -81.5% | +27.7% |
| 2025 | +31.6% | -0.8% |
| 2026 | -19.8% | +24.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASPS and MET good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ASPS and MET?
As of 2026-08-27, the correlation of weekly returns between ASPS and MET is -0.21 over 3 years, -0.40 over 1 year and -0.05 over 5 years.
Is MET a good diversifier for ASPS?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 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/asps-vs-met.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/asps-vs-met/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ASPS correlations · MET correlations
