AIG vs BVC: Correlation
How closely do American International Group (AIG) and BitVentures Limited (BVC) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIG and BVC?
On 3 years of weekly data the AIG/BVC correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.47) runs below the 3-year figure (-0.20). The 5-year figure is -0.13, and annualized covariance runs at -1958.5 %².
Among the 28 assets we track against AIG, BVC ranks #23 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months BVC outperformed by 1826.6 percentage points (-4.6% for AIG against +1822.0% for BVC). Note the risk asymmetry: BVC runs 23.7 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.
AIG vs BVC: side by side
| AIG (American International Group) | BVC (BitVentures Limited) | |
|---|---|---|
| 1-year return | -4.6% | +1822.0% |
| 5-year return | +58.9% | +74.6% |
| Volatility (ann.) | 20.1% | 476.9% |
| Beta vs S&P 500 | 0.46 | 1.30 |
| Max drawdown (3Y) | -17.0% | -97.2% |
| Market cap | $40.1B | $2.1B |
| P/E (trailing) | 14.0 | 8.3 |
| Dividend yield | 2.40% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | AIG | BVC |
|---|---|---|
| 2022 | +13.8% | +1.2% |
| 2023 | +9.8% | -67.4% |
| 2024 | +9.8% | -33.5% |
| 2025 | +20.0% | -7.3% |
| 2026 | -9.3% | +1002.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIG and BVC good diversifiers for each other?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
FAQ
What is the correlation between AIG and BVC?
The AIG/BVC correlation stands at -0.20 on a 3-year window (1 year: -0.47, 5 years: -0.13), computed from weekly returns as of 2026-08-27.
Is BVC a good diversifier for AIG?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
What does a correlation of -0.20 mean?
A reading of -0.20 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/aig-vs-bvc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aig-vs-bvc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AIG correlations · BVC correlations
