LNC vs. PRU

Last updated Jun 3, 2026

LNC (Lincoln National Corporation) and PRU (Prudential Financial, Inc.) are both stocks. Both operate in the Insurance - Life industry within the Financial Services sector. Over the past 10 years, LNC returned 1.43%/yr vs 7.84%/yr for PRU. A 0.77 correlation means they provide meaningful diversification when combined.

Performance

LNC vs. PRU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lincoln National Corporation (LNC) and Prudential Financial, Inc. (PRU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LNC achieves a -19.78% return, which is significantly lower than PRU's -6.51% return. Over the past 10 years, LNC has underperformed PRU with an annualized return of 1.43%, while PRU has yielded a comparatively higher 7.84% annualized return.

LNC

• 1D: 0.78%
• 1M: -7.01%
• YTD: -19.78%
• 6M: -12.74%
• 1Y: 11.31%
• 3Y*: 22.64%
• 5Y*: -8.72%
• 10Y*: 1.43%

PRU

• 1D: 2.22%
• 1M: 5.58%
• YTD: -6.51%
• 6M: -2.15%
• 1Y: 4.53%
• 3Y*: 12.80%
• 5Y*: 3.89%
• 10Y*: 7.84%

*Multi-year figures are annualized to reflect compound growth (CAGR)

LNC vs. PRU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LNC Lincoln National Corporation	-19.78%	48.02%	24.78%	-5.55%	-53.53%	39.49%	-11.08%	17.95%	-31.98%	17.98%
PRU Prudential Financial, Inc.	-6.51%	0.18%	19.46%	10.09%	-3.86%	45.32%	-11.40%	20.10%	-26.46%	13.65%

Correlation

The correlation between LNC and PRU is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (5Y) Calculated over the trailing 5-year period	0.80
Correlation (10Y) Calculated over the trailing 10-year period	0.85
Correlation (All Time) Calculated using the full available price history since Dec 14, 2001	0.77

The correlation between LNC and PRU shifts across timeframes, from 0.68 (1 year) to 0.85 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS LNC : $12.09 PRU : $9.85
PE Ratio LNC : 2.89 PRU : 10.43
PEG Ratio LNC : 0.02 PRU : 0.43
PS Ratio LNC : 0.26 PRU : 0.76
Total Revenue (TTM) LNC : $18.88B PRU : $47.43B
Gross Profit (TTM) LNC : $3.21B PRU : $14.72B
EBITDA (TTM) LNC : $2.45B PRU : $4.02B

Return for Risk

LNC vs. PRU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LNC

LNC Risk / Return Rank: 48
LNC Sharpe Ratio Rank: 52
LNC Sortino Ratio Rank: 46
LNC Omega Ratio Rank: 46
LNC Calmar Ratio Rank: 49
LNC Martin Ratio Rank: 49

PRU

PRU Risk / Return Rank: 43
PRU Sharpe Ratio Rank: 47
PRU Sortino Ratio Rank: 39
PRU Omega Ratio Rank: 39
PRU Calmar Ratio Rank: 45
PRU Martin Ratio Rank: 45

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LNC vs. PRU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lincoln National Corporation (LNC) and Prudential Financial, Inc. (PRU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	LNC	PRU	Difference
Sharpe ratio Return per unit of total volatility	0.34	0.20	+0.14
Sortino ratio Return per unit of downside risk	0.70	0.41	+0.29
Omega ratio Gain probability vs. loss probability	1.09	1.05	+0.04
Calmar ratio Return relative to maximum drawdown	0.36	0.20	+0.16
Martin ratio Return relative to average drawdown	0.80	0.44	+0.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LNC vs. PRU - Sharpe Ratio Comparison

The current LNC Sharpe Ratio is 0.34, which is higher than the PRU Sharpe Ratio of 0.20. The chart below compares the historical Sharpe Ratios of LNC and PRU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LNC	PRU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.34	0.20	+0.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.20	0.15	-0.36
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.03	0.25	-0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.21	-0.05

Drawdowns

LNC vs. PRU - Drawdown Comparison

The maximum LNC drawdown since its inception was -92.87%, roughly equal to the maximum PRU drawdown of -88.53%. Use the drawdown chart below to compare losses from any high point for LNC and PRU.

Drawdown Indicators

	LNC	PRU	Difference
Max Drawdown Largest peak-to-trough decline	-92.87%	-88.53%	-4.34%
Max Drawdown (1Y) Largest decline over 1 year	-29.13%	-21.46%	-7.67%
Max Drawdown (3Y) Largest decline over 3 years	-29.13%	-25.66%	-3.47%
Max Drawdown (5Y) Largest decline over 5 years	-73.14%	-33.11%	-40.03%
Max Drawdown (10Y) Largest decline over 10 years	-79.19%	-65.89%	-13.30%
Current Drawdown Current decline from peak	-42.33%	-14.29%	-28.04%
Average Drawdown Average peak-to-trough decline	-25.04%	-18.32%	-6.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.08%	9.75%	+3.33%

Volatility

LNC vs. PRU - Volatility Comparison

Lincoln National Corporation (LNC) has a higher volatility of 8.39% compared to Prudential Financial, Inc. (PRU) at 5.56%. This indicates that LNC's price experiences larger fluctuations and is considered to be riskier than PRU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LNC	PRU	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.39%	5.56%	+2.83%
Volatility (6M) Calculated over the trailing 6-month period	25.04%	17.29%	+7.75%
Volatility (1Y) Calculated over the trailing 1-year period	33.03%	22.38%	+10.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.99%	25.79%	+17.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.76%	31.83%	+14.93%

Dividends

LNC vs. PRU - Dividend Comparison

LNC's dividend yield for the trailing twelve months is around 5.16%, less than PRU's 5.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LNC Lincoln National Corporation	5.16%	4.04%	5.68%	6.67%	5.86%	2.46%	3.18%	2.51%	2.57%	1.51%	1.51%	1.59%
PRU Prudential Financial, Inc.	5.35%	4.78%	4.39%	4.82%	4.83%	4.25%	5.64%	4.27%	4.41%	2.61%	2.69%	3.00%

Financials

Frequently Asked Questions

Can I hold both LNC and PRU in my portfolio?

LNC and PRU have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LNC or PRU?

LNC has higher volatility (8.39%) compared to PRU (5.56%). In terms of maximum drawdown, LNC dropped -92.87% vs PRU's -88.53%.

Which has better risk-adjusted returns?

LNC currently has the higher Sharpe Ratio (0.34 vs 0.20), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.