CRBG vs MET: Correlation
How closely do Corebridge Financial Inc. (CRBG) and MetLife (MET) trade together? Their weekly returns over three years give a correlation of 0.73, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRBG and MET?
Over the past 3 years, CRBG and MET moved with a correlation of 0.73, which is strong. Recent behaviour matches the longer record: 0.74 over 1 year against 0.73 over 3. Over 5 years the correlation is 0.71, and the annualized covariance of weekly returns is 522.3 %².
Few assets follow CRBG as closely as MET, which ranks #2 of 12 tracked partners. Correlation aside, the last 12 months split them widely, with MET ahead by 25.6 points (-3.5% versus +22.1%).
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.
CRBG vs MET: side by side
| CRBG (Corebridge Financial Inc.) | MET (MetLife) | |
|---|---|---|
| 1-year return | -3.5% | +22.1% |
| 5-year return | n/a | +80.8% |
| Volatility (ann.) | 30.6% | 23.3% |
| Beta vs S&P 500 | 1.21 | 0.89 |
| Max drawdown (3Y) | -36.3% | -22.0% |
| Market cap | $14.5B | $61.2B |
| P/E (trailing) | 20.8 | 18.5 |
| Dividend yield | 3.01% | 2.38% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | CRBG | MET |
|---|---|---|
| 2022 | – | +19.2% |
| 2023 | +25.3% | -5.5% |
| 2024 | +42.8% | +27.7% |
| 2025 | +3.9% | -0.8% |
| 2026 | +10.2% | +24.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRBG and MET good diversifiers for each other?
Somewhat, no more. With 0.73 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CRBG and MET?
As of 2026-08-27, the correlation of weekly returns between CRBG and MET is 0.73 over 3 years, 0.74 over 1 year and 0.71 over 5 years.
Is MET a good diversifier for CRBG?
Somewhat, no more. With 0.73 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.73 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/crbg-vs-met.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/crbg-vs-met/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CRBG correlations · MET correlations
