JXN vs TRUP: Correlation
How closely do Jackson Financial Inc. (JXN) and Trupanion, Inc. (TRUP) trade together? Their weekly returns over three years give a correlation of 0.49, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JXN and TRUP?
On 3 years of weekly data the JXN/TRUP correlation comes out at 0.49, moderate. The relationship has been stable: the 1-year correlation (0.42) sits close to the 3-year figure. The 5-year figure is 0.40, and annualized covariance runs at 1036.1 %².
Among the 15 assets we track against JXN, TRUP ranks #10 by 3-year correlation. The last year tells two different stories: JXN led by 77.0 percentage points, +41.0% for JXN against -36.0% for TRUP. Note the risk asymmetry: TRUP runs 1.8 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
JXN vs TRUP: side by side
| JXN (Jackson Financial Inc.) | TRUP (Trupanion, Inc.) | |
|---|---|---|
| 1-year return | +41.0% | -36.0% |
| 5-year return | +434.8% | -68.9% |
| Volatility (ann.) | 34.5% | 60.9% |
| Beta vs S&P 500 | 1.32 | 1.57 |
| Max drawdown (3Y) | -37.1% | -62.0% |
| Market cap | $9.0B | $1.3B |
| P/E (trailing) | 146.7 | 57.0 |
| Dividend yield | 2.54% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JXN | TRUP |
|---|---|---|
| 2022 | -11.5% | -64.0% |
| 2023 | +57.2% | -35.8% |
| 2024 | +76.5% | +58.0% |
| 2025 | +26.9% | -22.5% |
| 2026 | +27.3% | -20.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JXN and TRUP good diversifiers for each other?
Reasonably. At 0.49, JXN and TRUP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between JXN and TRUP?
As of 2026-08-27, the correlation of weekly returns between JXN and TRUP is 0.49 over 3 years, 0.42 over 1 year and 0.40 over 5 years.
Is TRUP a good diversifier for JXN?
Reasonably. At 0.49, JXN and TRUP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.49 mean?
A reading of 0.49 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/jxn-vs-trup.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/jxn-vs-trup/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: JXN correlations · TRUP correlations
