LNC vs PRU: Correlation
Lincoln National Corporation (LNC) and Prudential Financial (PRU) show a strong relationship: their 3-year correlation of weekly returns is 0.66.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LNC and PRU?
On 3 years of weekly data the LNC/PRU correlation comes out at 0.66, strong. The relationship has been stable: the 1-year correlation (0.57) sits close to the 3-year figure. The 5-year figure is 0.70, and annualized covariance runs at 511.6 %².
Within LNC's tracked universe of 12 assets, PRU comes in at #6 by 3-year correlation. Over the last 12 months PRU came out ahead by 8.4 percentage points (+7.4% against +15.8%).
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 PRU: side by side
| LNC (Lincoln National Corporation) | PRU (Prudential Financial) | |
|---|---|---|
| 1-year return | +7.4% | +15.8% |
| 5-year return | -18.1% | +45.1% |
| Volatility (ann.) | 33.9% | 23.0% |
| Beta vs S&P 500 | 1.14 | 0.79 |
| Max drawdown (3Y) | -29.1% | -25.7% |
| Market cap | $8.3B | $41.5B |
| P/E (trailing) | 3.7 | 10.9 |
| Dividend yield | 4.16% | 4.57% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | LNC | PRU |
|---|---|---|
| 2022 | -53.5% | -3.9% |
| 2023 | -5.6% | +10.1% |
| 2024 | +24.8% | +19.5% |
| 2025 | +48.0% | +0.2% |
| 2026 | +1.2% | +10.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LNC and PRU good diversifiers for each other?
Somewhat, no more. With 0.66 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between LNC and PRU?
As of 2026-08-27, the correlation of weekly returns between LNC and PRU is 0.66 over 3 years, 0.57 over 1 year and 0.70 over 5 years.
Is PRU a good diversifier for LNC?
Somewhat, no more. With 0.66 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.66 mean?
On the −1 to +1 scale, 0.66 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/lnc-vs-pru.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lnc-vs-pru/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LNC correlations · PRU correlations
