BNC vs MET: Correlation
How closely do CEA Industries Inc. (BNC) and MetLife (MET) trade together? Their weekly returns over three years give a correlation of -0.15, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BNC and MET?
Across a 3-year window, the weekly returns of BNC and MET correlate at -0.15, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.09 over 1 year against -0.15 over 3. Stretching to 5 years gives -0.03, with an annualized covariance of -420.7 %².
By 3-year correlation, MET places #9 of the 37 assets tracked against BNC. Their recent paths diverged sharply: over the last 12 months MET outperformed by 108.2 percentage points (-86.1% for BNC against +22.1% for MET). One caveat on sizing: BNC is 5.2 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.
BNC vs MET: side by side
| BNC (CEA Industries Inc.) | MET (MetLife) | |
|---|---|---|
| 1-year return | -86.1% | +22.1% |
| 5-year return | -97.4% | +80.8% |
| Volatility (ann.) | 120.4% | 23.3% |
| Beta vs S&P 500 | -0.47 | 0.89 |
| Max drawdown (3Y) | -96.5% | -22.0% |
| Market cap | $0.1B | $61.2B |
| P/E (trailing) | 0.0 | 18.5 |
| Dividend yield | 0.00% | 2.38% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | BNC | MET |
|---|---|---|
| 2022 | -82.5% | +19.2% |
| 2023 | -34.9% | -5.5% |
| 2024 | +23.7% | +27.7% |
| 2025 | -20.9% | -0.8% |
| 2026 | -53.1% | +24.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BNC and MET good diversifiers for each other?
Yes: at -0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BNC and MET?
Using weekly returns as of 2026-08-27: -0.15 over 3 years, with -0.09 over the last year and -0.03 over 5 years.
Is MET a good diversifier for BNC?
Yes: at -0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.15 mean?
A reading of -0.15 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/bnc-vs-met.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bnc-vs-met/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BNC correlations · MET correlations
