AFG vs LFST: Correlation
American Financial Group, Inc. (AFG) and LifeStance Health Group, Inc. (LFST) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AFG and LFST?
Across a 3-year window, the weekly returns of AFG and LFST correlate at 0.44, moderate. Little has changed lately, as the 1-year reading of 0.52 lands near the 3-year figure. Stretching to 5 years gives 0.30, with an annualized covariance of 424.3 %².
By 3-year correlation, LFST places #14 of the 19 assets tracked against AFG. Their recent paths diverged sharply: over the last 12 months LFST outperformed by 113.6 percentage points (+10.4% for AFG against +124.0% for LFST). One caveat on sizing: LFST is 2.5 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.
AFG vs LFST: side by side
| AFG (American Financial Group, Inc.) | LFST (LifeStance Health Group, Inc.) | |
|---|---|---|
| 1-year return | +10.4% | +124.0% |
| 5-year return | +56.7% | -15.6% |
| Volatility (ann.) | 19.5% | 49.0% |
| Beta vs S&P 500 | 0.43 | 0.73 |
| Max drawdown (3Y) | -19.8% | -56.5% |
| Market cap | $11.8B | $4.7B |
| P/E (trailing) | 12.7 | 94.6 |
| Dividend yield | 2.43% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AFG | LFST |
|---|---|---|
| 2022 | +10.9% | -48.1% |
| 2023 | -7.6% | +58.5% |
| 2024 | +23.8% | -5.9% |
| 2025 | +5.4% | -4.5% |
| 2026 | +7.7% | +74.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AFG and LFST good diversifiers for each other?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AFG and LFST?
As of 2026-08-27, the correlation of weekly returns between AFG and LFST is 0.44 over 3 years, 0.52 over 1 year and 0.30 over 5 years.
Is LFST a good diversifier for AFG?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.44 mean?
On the −1 to +1 scale, 0.44 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
$ curl https://www.pairbook.io/api/v1/pairs/afg-vs-lfst.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/afg-vs-lfst/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AFG correlations · LFST correlations
