EDTK vs MET: Correlation
Measured on weekly returns over the past three years, Skillful Craftsman Education Technology Limited (EDTK) and MetLife (MET) carry a correlation of -0.16, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EDTK and MET?
On 3 years of weekly data the EDTK/MET correlation comes out at -0.16, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.12) sits close to the 3-year figure. The 5-year figure is -0.15, and annualized covariance runs at -168.7 %².
By 3-year correlation, MET places #9 of the 16 assets tracked against EDTK. Their recent paths diverged sharply: over the last 12 months MET outperformed by 40.3 percentage points (-18.2% for EDTK against +22.1% for MET). Risk is not evenly split, since EDTK carries 1.9 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.
EDTK vs MET: side by side
| EDTK (Skillful Craftsman Education Technology Limited) | MET (MetLife) | |
|---|---|---|
| 1-year return | -18.2% | +22.1% |
| 5-year return | -41.9% | +80.8% |
| Volatility (ann.) | 45.4% | 23.3% |
| Beta vs S&P 500 | -0.09 | 0.89 |
| Max drawdown (3Y) | -35.4% | -22.0% |
| Market cap | – | $61.2B |
| P/E (trailing) | – | 18.5 |
| Dividend yield | 0.00% | 2.38% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | EDTK | MET |
|---|---|---|
| 2022 | +52.4% | +19.2% |
| 2023 | -12.5% | -5.5% |
| 2024 | -19.8% | +27.7% |
| 2025 | -10.9% | -0.8% |
| 2026 | +0.0% | +24.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EDTK and MET good diversifiers for each other?
By historical standards, yes. A correlation of -0.16 means the two rarely move for the same reasons.
FAQ
What is the correlation between EDTK and MET?
The EDTK/MET correlation stands at -0.16 on a 3-year window (1 year: -0.12, 5 years: -0.15), computed from weekly returns as of 2026-08-27.
Is MET a good diversifier for EDTK?
By historical standards, yes. A correlation of -0.16 means the two rarely move for the same reasons.
What does a correlation of -0.16 mean?
On the −1 to +1 scale, -0.16 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/edtk-vs-met.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/edtk-vs-met/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EDTK correlations · MET correlations
