CNO vs PRI: Correlation
Measured on weekly returns over the past three years, CNO Financial Group, Inc. (CNO) and Primerica, Inc. (PRI) carry a correlation of 0.62, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CNO and PRI?
Across a 3-year window, the weekly returns of CNO and PRI correlate at 0.62, strong. Little has changed lately, as the 1-year reading of 0.53 lands near the 3-year figure. Stretching to 5 years gives 0.67, with an annualized covariance of 304.1 %².
By 3-year correlation, PRI places #9 of the 25 assets tracked against CNO. Correlation aside, the last 12 months split them widely, with CNO ahead by 31.7 points (+41.6% versus +9.9%).
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.
CNO vs PRI: side by side
| CNO (CNO Financial Group, Inc.) | PRI (Primerica, Inc.) | |
|---|---|---|
| 1-year return | +41.6% | +9.9% |
| 5-year return | +150.0% | +105.4% |
| Volatility (ann.) | 22.5% | 21.7% |
| Beta vs S&P 500 | 0.69 | 0.77 |
| Max drawdown (3Y) | -15.9% | -19.6% |
| Market cap | $5.1B | $9.0B |
| P/E (trailing) | 18.9 | 11.7 |
| Dividend yield | 1.26% | 1.54% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CNO | PRI |
|---|---|---|
| 2022 | -1.6% | -5.9% |
| 2023 | +25.1% | +47.1% |
| 2024 | +36.1% | +33.6% |
| 2025 | +16.1% | -3.3% |
| 2026 | +30.9% | +14.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CNO and PRI good diversifiers for each other?
Only partially. A correlation of 0.62 means CNO and PRI 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 CNO and PRI?
Using weekly returns as of 2026-08-27: 0.62 over 3 years, with 0.53 over the last year and 0.67 over 5 years.
Is PRI a good diversifier for CNO?
Only partially. A correlation of 0.62 means CNO and PRI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.62 mean?
A reading of 0.62 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/cno-vs-pri.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cno-vs-pri/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CNO correlations · PRI correlations
