AIG vs CRBG: Correlation
Measured on weekly returns over the past three years, American International Group (AIG) and Corebridge Financial Inc. (CRBG) carry a correlation of 0.51, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIG and CRBG?
Across a 3-year window, the weekly returns of AIG and CRBG correlate at 0.51, moderate. The link has loosened recently: the 1-year correlation (0.32) runs below the 3-year figure (0.51). Stretching to 5 years gives 0.55, with an annualized covariance of 314.1 %².
Among the 28 assets we track against AIG, CRBG ranks #12 by 3-year correlation. Neither side won the trailing year by much: -4.6% against -3.5%. Note the risk asymmetry: CRBG runs 1.5 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 CRBG: side by side
| AIG (American International Group) | CRBG (Corebridge Financial Inc.) | |
|---|---|---|
| 1-year return | -4.6% | -3.5% |
| 5-year return | +58.9% | n/a |
| Volatility (ann.) | 20.1% | 30.6% |
| Beta vs S&P 500 | 0.46 | 1.21 |
| Max drawdown (3Y) | -17.0% | -36.3% |
| Market cap | $40.1B | $14.5B |
| P/E (trailing) | 14.0 | 20.8 |
| Dividend yield | 2.40% | 3.01% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | AIG | CRBG |
|---|---|---|
| 2022 | +13.8% | – |
| 2023 | +9.8% | +25.3% |
| 2024 | +9.8% | +42.8% |
| 2025 | +20.0% | +3.9% |
| 2026 | -9.3% | +10.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIG and CRBG good diversifiers for each other?
Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between AIG and CRBG?
Using weekly returns as of 2026-08-27: 0.51 over 3 years, with 0.32 over the last year and 0.55 over 5 years.
Is CRBG a good diversifier for AIG?
Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.51 mean?
A reading of 0.51 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-crbg.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aig-vs-crbg/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AIG correlations · CRBG correlations
