ACGL vs EG: Correlation
How closely do Arch Capital Group (ACGL) and Everest Group (EG) trade together? Their weekly returns over three years give a correlation of 0.64, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACGL and EG?
Across a 3-year window, the weekly returns of ACGL and EG correlate at 0.64, strong. Recent behaviour matches the longer record: 0.56 over 1 year against 0.64 over 3. Stretching to 5 years gives 0.71, with an annualized covariance of 306.0 %².
Within ACGL's tracked universe of 36 assets, EG comes in at #5 by 3-year correlation. Twelve-month performance is nearly a tie, at +7.7% for ACGL and +11.3% for EG. Across three years, the rolling one-year figure varied moderately, from 0.47 to 0.81.
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.
ACGL vs EG: side by side
| ACGL (Arch Capital Group) | EG (Everest Group) | |
|---|---|---|
| 1-year return | +7.7% | +11.3% |
| 5-year return | +151.8% | +57.2% |
| Volatility (ann.) | 21.5% | 22.2% |
| Beta vs S&P 500 | 0.28 | 0.28 |
| Max drawdown (3Y) | -22.4% | -23.8% |
| Market cap | $33.7B | $14.5B |
| P/E (trailing) | 7.9 | 8.0 |
| Dividend yield | 0.00% | 2.11% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | ACGL | EG |
|---|---|---|
| 2022 | +41.2% | +23.7% |
| 2023 | +18.3% | +8.7% |
| 2024 | +30.8% | +4.6% |
| 2025 | +3.9% | -5.3% |
| 2026 | +3.0% | +12.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACGL and EG good diversifiers for each other?
Somewhat, no more. With 0.64 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ACGL and EG?
The ACGL/EG correlation stands at 0.64 on a 3-year window (1 year: 0.56, 5 years: 0.71), computed from weekly returns as of 2026-08-27.
Is EG a good diversifier for ACGL?
Somewhat, no more. With 0.64 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.64 mean?
A reading of 0.64 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/acgl-vs-eg.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acgl-vs-eg/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ACGL correlations · EG correlations
