MET vs VOYA: Correlation
MetLife (MET) and Voya Financial, Inc. (VOYA) show a strong relationship: their 3-year correlation of weekly returns is 0.68.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MET and VOYA?
Across a 3-year window, the weekly returns of MET and VOYA correlate at 0.68, strong. Recent behaviour matches the longer record: 0.67 over 1 year against 0.68 over 3. Stretching to 5 years gives 0.71, with an annualized covariance of 397.1 %².
By 3-year correlation, VOYA places #11 of the 37 assets tracked against MET. Over the last 12 months VOYA came out ahead by 14.6 percentage points (+22.1% against +36.7%).
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 VOYA: side by side
| MET (MetLife) | VOYA (Voya Financial, Inc.) | |
|---|---|---|
| 1-year return | +22.1% | +36.7% |
| 5-year return | +80.8% | +72.0% |
| Volatility (ann.) | 23.3% | 25.1% |
| Beta vs S&P 500 | 0.89 | 0.90 |
| Max drawdown (3Y) | -22.0% | -34.6% |
| Market cap | $61.2B | $9.2B |
| P/E (trailing) | 18.5 | 17.1 |
| Dividend yield | 2.38% | 1.83% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | MET | VOYA |
|---|---|---|
| 2022 | +19.2% | -6.1% |
| 2023 | -5.5% | +20.7% |
| 2024 | +27.7% | -3.4% |
| 2025 | -0.8% | +11.1% |
| 2026 | +24.5% | +38.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MET and VOYA good diversifiers for each other?
To a limited degree. At 0.68 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 VOYA?
The MET/VOYA correlation stands at 0.68 on a 3-year window (1 year: 0.67, 5 years: 0.71), computed from weekly returns as of 2026-08-27.
Is VOYA a good diversifier for MET?
To a limited degree. At 0.68 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 0.68 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/met-vs-voya.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/met-vs-voya/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MET correlations · VOYA correlations
