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PRU vs VOYA: Correlation

How closely do Prudential Financial (PRU) and Voya Financial, Inc. (VOYA) trade together? Their weekly returns over three years give a correlation of 0.63, which is strong.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.63
strong
Correlation (1Y)
0.41
last 12 months
Correlation (5Y)
0.71
long-run
Ann. covariance
365.2
%² · weekly, annualized

How correlated are PRU and VOYA?

Across a 3-year window, the weekly returns of PRU and VOYA correlate at 0.63, strong. The past 12 months show a weaker link (0.41) than the 3-year average (0.63). Stretching to 5 years gives 0.71, with an annualized covariance of 365.2 %².

By 3-year correlation, VOYA places #15 of the 31 assets tracked against PRU. The last year tells two different stories: VOYA led by 20.9 percentage points, +15.8% for PRU against +36.7% for VOYA.

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.

PRU vs VOYA: side by side

PRU (Prudential Financial)VOYA (Voya Financial, Inc.)
1-year return+15.8%+36.7%
5-year return+45.1%+72.0%
Volatility (ann.)23.0%25.1%
Beta vs S&P 5000.790.90
Max drawdown (3Y)-25.7%-34.6%
Market cap$41.5B$9.2B
P/E (trailing)10.917.1
Dividend yield4.57%1.83%
Sector / categoryFinancialsUS Listed
Lower P/E: PRU 10.9 vs 17.1Higher yield: PRU 4.57% vs 1.83%Smaller drawdown: PRU -25.7% vs -34.6%Higher 5y return: VOYA +72.0% vs +45.1%
-12%0%+35%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. PRU · VOYA

Year-by-year returns

YearPRUVOYA
2022-3.9%-6.1%
2023+10.1%+20.7%
2024+19.5%-3.4%
2025+0.2%+11.1%
2026+10.8%+38.2%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are PRU and VOYA good diversifiers for each other?

Only partially. A correlation of 0.63 means PRU and VOYA share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

FAQ

What is the correlation between PRU and VOYA?

As of 2026-08-27, the correlation of weekly returns between PRU and VOYA is 0.63 over 3 years, 0.41 over 1 year and 0.71 over 5 years.

Is VOYA a good diversifier for PRU?

Only partially. A correlation of 0.63 means PRU and VOYA share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

What does a correlation of 0.63 mean?

On the −1 to +1 scale, 0.63 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/pru-vs-voya.json

PRU vs VOYA: 3-year weekly correlation 0.63PRU vs VOYA0.63

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Related comparisons

Hubs: PRU correlations · VOYA correlations