ACGL vs PLBY: Correlation
Arch Capital Group (ACGL) and Playboy, Inc. (PLBY) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACGL and PLBY?
Across a 3-year window, the weekly returns of ACGL and PLBY correlate at -0.21, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.14) sits close to the 3-year figure. Stretching to 5 years gives -0.12, with an annualized covariance of -392.2 %².
Within ACGL's tracked universe of 36 assets, PLBY comes in at #26 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ACGL ahead by 36.3 points (+7.7% versus -28.6%). One caveat on sizing: PLBY is 4.1 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 PLBY: side by side
| ACGL (Arch Capital Group) | PLBY (Playboy, Inc.) | |
|---|---|---|
| 1-year return | +7.7% | -28.6% |
| 5-year return | +151.8% | -95.1% |
| Volatility (ann.) | 21.5% | 87.2% |
| Beta vs S&P 500 | 0.28 | 1.39 |
| Max drawdown (3Y) | -22.4% | -66.5% |
| Market cap | $33.7B | $0.1B |
| P/E (trailing) | 7.9 | 60.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | ACGL | PLBY |
|---|---|---|
| 2022 | +41.2% | -89.7% |
| 2023 | +18.3% | -63.6% |
| 2024 | +30.8% | +46.0% |
| 2025 | +3.9% | +28.8% |
| 2026 | +3.0% | -36.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACGL and PLBY good diversifiers for each other?
Yes. With a correlation of -0.21, ACGL and PLBY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ACGL and PLBY?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.14 over the last year and -0.12 over 5 years.
Is PLBY a good diversifier for ACGL?
Yes. With a correlation of -0.21, ACGL and PLBY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 mean?
A reading of -0.21 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-plby.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/acgl-vs-plby/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ACGL correlations · PLBY correlations
