CRBG vs PRU: Correlation
How closely do Corebridge Financial Inc. (CRBG) and Prudential Financial (PRU) trade together? Their weekly returns over three years give a correlation of 0.67, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRBG and PRU?
Across a 3-year window, the weekly returns of CRBG and PRU correlate at 0.67, strong. Lately the two have drifted apart, with the 1-year correlation at 0.56 versus 0.67 over 3 years. Stretching to 5 years gives 0.71, with an annualized covariance of 473.4 %².
Within CRBG's tracked universe of 12 assets, PRU comes in at #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months PRU outperformed by 19.3 percentage points (-3.5% for CRBG against +15.8% for PRU).
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 PRU: side by side
| CRBG (Corebridge Financial Inc.) | PRU (Prudential Financial) | |
|---|---|---|
| 1-year return | -3.5% | +15.8% |
| 5-year return | n/a | +45.1% |
| Volatility (ann.) | 30.6% | 23.0% |
| Beta vs S&P 500 | 1.21 | 0.79 |
| Max drawdown (3Y) | -36.3% | -25.7% |
| Market cap | $14.5B | $41.5B |
| P/E (trailing) | 20.8 | 10.9 |
| Dividend yield | 3.01% | 4.57% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | CRBG | PRU |
|---|---|---|
| 2022 | – | -3.9% |
| 2023 | +25.3% | +10.1% |
| 2024 | +42.8% | +19.5% |
| 2025 | +3.9% | +0.2% |
| 2026 | +10.2% | +10.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRBG and PRU good diversifiers for each other?
To a limited degree. At 0.67 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between CRBG and PRU?
The CRBG/PRU correlation stands at 0.67 on a 3-year window (1 year: 0.56, 5 years: 0.71), computed from weekly returns as of 2026-08-27.
Is PRU a good diversifier for CRBG?
To a limited degree. At 0.67 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.67 mean?
A reading of 0.67 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/crbg-vs-pru.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/crbg-vs-pru/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CRBG correlations · PRU correlations
