MET vs UNM: Correlation
Measured on weekly returns over the past three years, MetLife (MET) and Unum Group (UNM) carry a correlation of 0.57, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MET and UNM?
Over the past 3 years, MET and UNM moved with a correlation of 0.57, which is moderate. The past 12 months show a weaker link (0.44) than the 3-year average (0.57). Over 5 years the correlation is 0.61, and the annualized covariance of weekly returns is 315.8 %².
Among the 37 assets we track against MET, UNM ranks #21 by 3-year correlation. Over the last 12 months UNM came out ahead by 14.1 percentage points (+22.1% against +36.2%).
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 UNM: side by side
| MET (MetLife) | UNM (Unum Group) | |
|---|---|---|
| 1-year return | +22.1% | +36.2% |
| 5-year return | +80.8% | +305.6% |
| Volatility (ann.) | 23.3% | 23.8% |
| Beta vs S&P 500 | 0.89 | 0.49 |
| Max drawdown (3Y) | -22.0% | -17.9% |
| Market cap | $61.2B | $14.6B |
| P/E (trailing) | 18.5 | 21.3 |
| Dividend yield | 2.38% | 2.06% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | MET | UNM |
|---|---|---|
| 2022 | +19.2% | +73.6% |
| 2023 | -5.5% | +13.7% |
| 2024 | +27.7% | +66.3% |
| 2025 | -0.8% | +8.6% |
| 2026 | +24.5% | +21.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MET and UNM good diversifiers for each other?
To a limited degree. At 0.57 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 UNM?
As of 2026-08-27, the correlation of weekly returns between MET and UNM is 0.57 over 3 years, 0.44 over 1 year and 0.61 over 5 years.
Is UNM a good diversifier for MET?
To a limited degree. At 0.57 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 0.57 mean?
A reading of 0.57 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-unm.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/met-vs-unm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MET correlations · UNM correlations
