PFG vs PRU: Correlation
How closely do Principal Financial Group (PFG) and Prudential Financial (PRU) trade together? Their weekly returns over three years give a correlation of 0.70, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PFG and PRU?
On 3 years of weekly data the PFG/PRU correlation comes out at 0.70, strong. Lately the two have drifted apart, with the 1-year correlation at 0.38 versus 0.70 over 3 years. The 5-year figure is 0.78, and annualized covariance runs at 367.8 %².
By 3-year correlation, PRU places #9 of the 32 assets tracked against PFG. The last year tells two different stories: PFG led by 28.1 percentage points, +43.9% for PFG against +15.8% for PRU. Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from 0.38 to 0.88.
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.
PFG vs PRU: side by side
| PFG (Principal Financial Group) | PRU (Prudential Financial) | |
|---|---|---|
| 1-year return | +43.9% | +15.8% |
| 5-year return | +99.7% | +45.1% |
| Volatility (ann.) | 22.9% | 23.0% |
| Beta vs S&P 500 | 0.88 | 0.79 |
| Max drawdown (3Y) | -22.4% | -25.7% |
| Market cap | $24.0B | $41.5B |
| P/E (trailing) | 16.0 | 10.9 |
| Dividend yield | 2.84% | 4.57% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | PFG | PRU |
|---|---|---|
| 2022 | +20.1% | -3.9% |
| 2023 | -2.8% | +10.1% |
| 2024 | +1.9% | +19.5% |
| 2025 | +18.4% | +0.2% |
| 2026 | +29.3% | +10.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PFG and PRU good diversifiers for each other?
To a limited degree. At 0.70 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 PFG and PRU?
The PFG/PRU correlation stands at 0.70 on a 3-year window (1 year: 0.38, 5 years: 0.78), computed from weekly returns as of 2026-08-27.
Is PRU a good diversifier for PFG?
To a limited degree. At 0.70 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 0.70 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/pfg-vs-pru.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/pfg-vs-pru/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PFG correlations · PRU correlations
