PRU vs WEX: Correlation
How closely do Prudential Financial (PRU) and WEX Inc. (WEX) trade together? Their weekly returns over three years give a correlation of 0.54, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PRU and WEX?
Across a 3-year window, the weekly returns of PRU and WEX correlate at 0.54, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.38 versus 0.54 over 3 years. Stretching to 5 years gives 0.60, with an annualized covariance of 442.8 %².
Among the 31 assets we track against PRU, WEX ranks #17 by 3-year correlation. Neither side won the trailing year by much: +15.8% against +14.7%. Risk is not evenly split, since WEX carries 1.5 times the volatility of the other side.
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 WEX: side by side
| PRU (Prudential Financial) | WEX (WEX Inc.) | |
|---|---|---|
| 1-year return | +15.8% | +14.7% |
| 5-year return | +45.1% | +8.4% |
| Volatility (ann.) | 23.0% | 35.5% |
| Beta vs S&P 500 | 0.79 | 0.97 |
| Max drawdown (3Y) | -25.7% | -53.2% |
| Market cap | $41.5B | $6.8B |
| P/E (trailing) | 10.9 | 19.8 |
| Dividend yield | 4.57% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | PRU | WEX |
|---|---|---|
| 2022 | -3.9% | +16.6% |
| 2023 | +10.1% | +18.9% |
| 2024 | +19.5% | -9.9% |
| 2025 | +0.2% | -15.0% |
| 2026 | +10.8% | +33.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PRU and WEX good diversifiers for each other?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between PRU and WEX?
Using weekly returns as of 2026-08-27: 0.54 over 3 years, with 0.38 over the last year and 0.60 over 5 years.
Is WEX a good diversifier for PRU?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.54 mean?
A reading of 0.54 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/pru-vs-wex.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/pru-vs-wex/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PRU correlations · WEX correlations
