AFL vs PSIG: Correlation
Measured on weekly returns over the past three years, Aflac (AFL) and PS International Group Ltd. (PSIG) carry a correlation of -0.23, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AFL and PSIG?
On 3 years of weekly data the AFL/PSIG correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.27 over 1 year against -0.23 over 3. The 5-year figure is n/a, and annualized covariance runs at -692.6 %².
Out of 32 assets tracked against AFL, PSIG lands near the bottom at #29. Correlation aside, the last 12 months split them widely, with AFL ahead by 64.7 points (+10.8% versus -53.9%). Note the risk asymmetry: PSIG runs 8.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
AFL vs PSIG: side by side
| AFL (Aflac) | PSIG (PS International Group Ltd.) | |
|---|---|---|
| 1-year return | +10.8% | -53.9% |
| 5-year return | +131.3% | n/a |
| Volatility (ann.) | 19.2% | 157.0% |
| Beta vs S&P 500 | 0.36 | 0.97 |
| Max drawdown (3Y) | -13.6% | -96.0% |
| Market cap | $58.4B | – |
| P/E (trailing) | 12.6 | – |
| Dividend yield | 2.03% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | AFL | PSIG |
|---|---|---|
| 2022 | +26.4% | – |
| 2023 | +17.4% | – |
| 2024 | +28.1% | – |
| 2025 | +8.9% | +8.3% |
| 2026 | +7.4% | -62.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AFL and PSIG good diversifiers for each other?
Yes. With a correlation of -0.23, AFL and PSIG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AFL and PSIG?
Using weekly returns as of 2026-08-27: -0.23 over 3 years, with -0.27 over the last year and n/a over 5 years.
Is PSIG a good diversifier for AFL?
Yes. With a correlation of -0.23, AFL and PSIG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.23 mean?
A reading of -0.23 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/afl-vs-psig.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/afl-vs-psig/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AFL correlations · PSIG correlations
