JNJ vs META: Correlation
Johnson & Johnson (JNJ) and Meta Platforms (META) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JNJ and META?
On 3 years of weekly data the JNJ/META correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.32 lands near the 3-year figure. The 5-year figure is -0.11, and annualized covariance runs at -149.4 %².
Among the 48 assets we track against JNJ, META ranks #41 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months JNJ outperformed by 77.0 percentage points (+53.7% for JNJ against -23.3% for META). The rolling one-year correlation moved between -0.33 and 0.05 over the past three years, a moderate range. Risk is not evenly split, since META carries 2.0 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.
JNJ vs META: side by side
| JNJ (Johnson & Johnson) | META (Meta Platforms) | |
|---|---|---|
| 1-year return | +53.7% | -23.3% |
| 5-year return | +76.0% | +51.3% |
| Volatility (ann.) | 18.5% | 36.9% |
| Beta vs S&P 500 | 0.05 | 1.45 |
| Max drawdown (3Y) | -14.4% | -34.2% |
| Market cap | $640.5B | $1,454.9B |
| P/E (trailing) | 30.9 | 21.7 |
| Dividend yield | 1.94% | 0.36% |
| Sector / category | Health Care | Communication Services |
Year-by-year returns
| Year | JNJ | META |
|---|---|---|
| 2022 | +6.0% | -64.2% |
| 2023 | -8.6% | +194.1% |
| 2024 | -4.8% | +66.0% |
| 2025 | +47.5% | +13.1% |
| 2026 | +30.5% | -13.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JNJ and META good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between JNJ and META?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.32 over the last year and -0.11 over 5 years.
Is META a good diversifier for JNJ?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
A reading of -0.22 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/jnj-vs-meta.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/jnj-vs-meta/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: JNJ correlations · META correlations
