MET vs PFG: Correlation
Measured on weekly returns over the past three years, MetLife (MET) and Principal Financial Group (PFG) carry a correlation of 0.76, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MET and PFG?
On 3 years of weekly data the MET/PFG correlation comes out at 0.76, strong. Lately the two have drifted apart, with the 1-year correlation at 0.56 versus 0.76 over 3 years. The 5-year figure is 0.79, and annualized covariance runs at 406.3 %².
Few assets follow MET as closely as PFG, which ranks #2 of 37 tracked partners. The last year tells two different stories: PFG led by 21.8 percentage points, +22.1% for MET against +43.9% for PFG. On a rolling one-year basis the correlation drifted between 0.56 and 0.86, a moderate band.
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.
MET vs PFG: side by side
| MET (MetLife) | PFG (Principal Financial Group) | |
|---|---|---|
| 1-year return | +22.1% | +43.9% |
| 5-year return | +80.8% | +99.7% |
| Volatility (ann.) | 23.3% | 22.9% |
| Beta vs S&P 500 | 0.89 | 0.88 |
| Max drawdown (3Y) | -22.0% | -22.4% |
| Market cap | $61.2B | $24.0B |
| P/E (trailing) | 18.5 | 16.0 |
| Dividend yield | 2.38% | 2.84% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | MET | PFG |
|---|---|---|
| 2022 | +19.2% | +20.1% |
| 2023 | -5.5% | -2.8% |
| 2024 | +27.7% | +1.9% |
| 2025 | -0.8% | +18.4% |
| 2026 | +24.5% | +29.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MET and PFG good diversifiers for each other?
To a limited degree. At 0.76 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between MET and PFG?
As of 2026-08-27, the correlation of weekly returns between MET and PFG is 0.76 over 3 years, 0.56 over 1 year and 0.79 over 5 years.
Is PFG a good diversifier for MET?
To a limited degree. At 0.76 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.76 mean?
A reading of 0.76 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/met-vs-pfg.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/met-vs-pfg/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MET correlations · PFG correlations
