CPRI vs PFG: Correlation
How closely do Capri Holdings Limited (CPRI) and Principal Financial Group (PFG) trade together? Their weekly returns over three years give a correlation of 0.49, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CPRI and PFG?
On 3 years of weekly data the CPRI/PFG correlation comes out at 0.49, moderate. The link has loosened recently: the 1-year correlation (0.28) runs below the 3-year figure (0.49). The 5-year figure is 0.43, and annualized covariance runs at 589.6 %².
PFG is one of the assets that tracks CPRI most closely: it ranks #3 out of the 10 assets we track against CPRI. Correlation aside, the last 12 months split them widely, with PFG ahead by 82.7 points (-38.8% versus +43.9%). Risk is not evenly split, since CPRI carries 2.3 times the volatility of the other side.
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.
CPRI vs PFG: side by side
| CPRI (Capri Holdings Limited) | PFG (Principal Financial Group) | |
|---|---|---|
| 1-year return | -38.8% | +43.9% |
| 5-year return | -76.8% | +99.7% |
| Volatility (ann.) | 52.2% | 22.9% |
| Beta vs S&P 500 | 1.43 | 0.88 |
| Max drawdown (3Y) | -76.4% | -22.4% |
| Market cap | $1.5B | $24.0B |
| P/E (trailing) | 17.3 | 16.0 |
| Dividend yield | 0.00% | 2.84% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | CPRI | PFG |
|---|---|---|
| 2022 | -11.7% | +20.1% |
| 2023 | -12.4% | -2.8% |
| 2024 | -58.1% | +1.9% |
| 2025 | +15.9% | +18.4% |
| 2026 | -46.0% | +29.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CPRI and PFG good diversifiers for each other?
Reasonably. At 0.49, CPRI and PFG keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CPRI and PFG?
The CPRI/PFG correlation stands at 0.49 on a 3-year window (1 year: 0.28, 5 years: 0.43), computed from weekly returns as of 2026-08-27.
Is PFG a good diversifier for CPRI?
Reasonably. At 0.49, CPRI and PFG keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.49 mean?
A reading of 0.49 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/cpri-vs-pfg.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cpri-vs-pfg/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CPRI correlations · PFG correlations
