EFA vs PUK: Correlation
How closely do iShares MSCI EAFE ETF (EFA) and Prudential Public Limited Company (PUK) trade together? Their weekly returns over three years give a correlation of 0.62, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EFA and PUK?
On 3 years of weekly data the EFA/PUK correlation comes out at 0.62, strong. Lately the two have drifted apart, with the 1-year correlation at 0.42 versus 0.62 over 3 years. The 5-year figure is 0.67, and annualized covariance runs at 261.6 %².
Among the 109 assets we track against EFA, PUK ranks #58 by 3-year correlation. On 12-month performance EFA holds a 12.7-point edge, +21.9% against +9.2%. Risk is not evenly split, since PUK 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.
EFA vs PUK: side by side
| EFA (iShares MSCI EAFE ETF) | PUK (Prudential Public Limited Company) | |
|---|---|---|
| 1-year return | +21.9% | +9.2% |
| 5-year return | +56.7% | -26.0% |
| Volatility (ann.) | 14.9% | 28.0% |
| Beta vs S&P 500 | 0.77 | 0.87 |
| Max drawdown (3Y) | -14.1% | -41.8% |
| Market cap | – | $34.4B |
| P/E (trailing) | – | 9.9 |
| Dividend yield | 3.19% | 0.00% |
| Expense ratio | 0.32% | – |
| Assets under management | $78.0B | – |
| Sector / category | ETF · International | US Listed |
EFA, iShares's Foreign Large Blend fund, carries $78.0B under management, 666 holdings, a 0.32% expense ratio, a 3.19% trailing dividend yield.
Year-by-year returns
| Year | EFA | PUK |
|---|---|---|
| 2022 | -14.4% | -19.1% |
| 2023 | +18.4% | -17.0% |
| 2024 | +3.5% | -27.3% |
| 2025 | +31.5% | +99.3% |
| 2026 | +14.3% | -9.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EFA and PUK good diversifiers for each other?
Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between EFA and PUK?
Using weekly returns as of 2026-08-27: 0.62 over 3 years, with 0.42 over the last year and 0.67 over 5 years.
Is PUK a good diversifier for EFA?
Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.62 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/efa-vs-puk.json
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[](https://www.pairbook.io/pair/efa-vs-puk/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EFA correlations · PUK correlations
