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EHGO vs MET: Correlation

Measured on weekly returns over the past three years, Eshallgo Inc. - Class A (EHGO) 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

Correlation (3Y)
-0.16
negative
Correlation (1Y)
-0.13
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
-522.5
%² · weekly, annualized

How correlated are EHGO and MET?

Over the past 3 years, EHGO and MET moved with a correlation of -0.16, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.13 over 1 year against -0.16 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -522.5 %².

Among the 66 assets we track against EHGO, MET ranks #13 by 3-year correlation. The last year tells two different stories: MET led by 112.2 percentage points, -90.1% for EHGO against +22.1% for MET. Risk is not evenly split, since EHGO carries 5.5 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.

EHGO vs MET: side by side

EHGO (Eshallgo Inc. - Class A)MET (MetLife)
1-year return-90.1%+22.1%
5-year returnn/a+80.8%
Volatility (ann.)127.9%23.3%
Beta vs S&P 500-1.420.89
Max drawdown (3Y)-98.5%-22.0%
Market cap$61.2B
P/E (trailing)18.5
Dividend yield0.00%2.38%
Sector / categoryUS ListedFinancials
Higher yield: MET 2.38% vs 0.00%Smaller drawdown: MET -22.0% vs -98.5%
-89%0%+26%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. EHGO · MET

Year-by-year returns

YearEHGOMET
2022+19.2%
2023-5.5%
2024+27.7%
2025-94.4%-0.8%
2026-65.9%+24.5%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are EHGO and MET good diversifiers for each other?

Yes: at -0.16, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between EHGO and MET?

As of 2026-08-27, the correlation of weekly returns between EHGO and MET is -0.16 over 3 years, -0.13 over 1 year and n/a over 5 years.

Is MET a good diversifier for EHGO?

Yes: at -0.16, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.16 mean?

A reading of -0.16 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/ehgo-vs-met.json

EHGO vs MET: 3-year weekly correlation -0.16EHGO vs MET-0.16

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Related comparisons

Hubs: EHGO correlations · MET correlations