MET vs PRU: Correlation
Measured on weekly returns over the past three years, MetLife (MET) and Prudential Financial (PRU) carry a correlation of 0.82, a very strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MET and PRU?
Over the past 3 years, MET and PRU moved with a correlation of 0.82, which is very strong, meaning they move nearly in lockstep. Lately the two have drifted apart, with the 1-year correlation at 0.67 versus 0.82 over 3 years. Over 5 years the correlation is 0.87, and the annualized covariance of weekly returns is 438.9 %².
In MET's tracked universe of 37 assets, PRU sits right near the top at #1. The trailing year gives MET the advantage: +22.1% versus +15.8%, a 6.3-point spread. Across three years, the rolling one-year figure varied moderately, from 0.69 to 0.94.
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 PRU: side by side
| MET (MetLife) | PRU (Prudential Financial) | |
|---|---|---|
| 1-year return | +22.1% | +15.8% |
| 5-year return | +80.8% | +45.1% |
| Volatility (ann.) | 23.3% | 23.0% |
| Beta vs S&P 500 | 0.89 | 0.79 |
| Max drawdown (3Y) | -22.0% | -25.7% |
| Market cap | $61.2B | $41.5B |
| P/E (trailing) | 18.5 | 10.9 |
| Dividend yield | 2.38% | 4.57% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | MET | PRU |
|---|---|---|
| 2022 | +19.2% | -3.9% |
| 2023 | -5.5% | +10.1% |
| 2024 | +27.7% | +19.5% |
| 2025 | -0.8% | +0.2% |
| 2026 | +24.5% | +10.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MET and PRU good diversifiers for each other?
Not really. At 0.82, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between MET and PRU?
As of 2026-08-27, the correlation of weekly returns between MET and PRU is 0.82 over 3 years, 0.67 over 1 year and 0.87 over 5 years.
Is PRU a good diversifier for MET?
Not really. At 0.82, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.82 mean?
On the −1 to +1 scale, 0.82 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/met-vs-pru.json
Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: MET correlations · PRU correlations
