LNC vs MET: Correlation
How closely do Lincoln National Corporation (LNC) and MetLife (MET) trade together? Their weekly returns over three years give a correlation of 0.67, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LNC and MET?
Over the past 3 years, LNC and MET moved with a correlation of 0.67, which is strong. Recent behaviour matches the longer record: 0.70 over 1 year against 0.67 over 3. Over 5 years the correlation is 0.68, and the annualized covariance of weekly returns is 531.5 %².
By 3-year correlation, MET places #5 of the 12 assets tracked against LNC. The trailing year gives MET the advantage: +7.4% versus +22.1%, a 14.7-point spread.
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.
LNC vs MET: side by side
| LNC (Lincoln National Corporation) | MET (MetLife) | |
|---|---|---|
| 1-year return | +7.4% | +22.1% |
| 5-year return | -18.1% | +80.8% |
| Volatility (ann.) | 33.9% | 23.3% |
| Beta vs S&P 500 | 1.14 | 0.89 |
| Max drawdown (3Y) | -29.1% | -22.0% |
| Market cap | $8.3B | $61.2B |
| P/E (trailing) | 3.7 | 18.5 |
| Dividend yield | 4.16% | 2.38% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | LNC | MET |
|---|---|---|
| 2022 | -53.5% | +19.2% |
| 2023 | -5.6% | -5.5% |
| 2024 | +24.8% | +27.7% |
| 2025 | +48.0% | -0.8% |
| 2026 | +1.2% | +24.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LNC and MET good diversifiers for each other?
Only partially. A correlation of 0.67 means LNC and MET share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between LNC and MET?
Using weekly returns as of 2026-08-27: 0.67 over 3 years, with 0.70 over the last year and 0.68 over 5 years.
Is MET a good diversifier for LNC?
Only partially. A correlation of 0.67 means LNC and MET share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.67 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/lnc-vs-met.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lnc-vs-met/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LNC correlations · MET correlations
