AIG vs EDTK: Correlation
American International Group (AIG) and Skillful Craftsman Education Technology Limited (EDTK) show a negative relationship: their 3-year correlation of weekly returns is -0.17.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIG and EDTK?
On 3 years of weekly data the AIG/EDTK correlation comes out at -0.17, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.22 over 1 year against -0.17 over 3. The 5-year figure is -0.09, and annualized covariance runs at -152.0 %².
By 3-year correlation, EDTK places #20 of the 28 assets tracked against AIG. On 12-month performance AIG holds a 13.6-point edge, -4.6% against -18.2%. One caveat on sizing: EDTK is 2.3 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.
AIG vs EDTK: side by side
| AIG (American International Group) | EDTK (Skillful Craftsman Education Technology Limited) | |
|---|---|---|
| 1-year return | -4.6% | -18.2% |
| 5-year return | +58.9% | -41.9% |
| Volatility (ann.) | 20.1% | 45.4% |
| Beta vs S&P 500 | 0.46 | -0.09 |
| Max drawdown (3Y) | -17.0% | -35.4% |
| Market cap | $40.1B | – |
| P/E (trailing) | 14.0 | – |
| Dividend yield | 2.40% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | AIG | EDTK |
|---|---|---|
| 2022 | +13.8% | +52.4% |
| 2023 | +9.8% | -12.5% |
| 2024 | +9.8% | -19.8% |
| 2025 | +20.0% | -10.9% |
| 2026 | -9.3% | +0.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIG and EDTK good diversifiers for each other?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AIG and EDTK?
As of 2026-08-27, the correlation of weekly returns between AIG and EDTK is -0.17 over 3 years, -0.22 over 1 year and -0.09 over 5 years.
Is EDTK a good diversifier for AIG?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.17 mean?
A reading of -0.17 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-edtk.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aig-vs-edtk/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AIG correlations · EDTK correlations
