AIG vs EG: Correlation
Measured on weekly returns over the past three years, American International Group (AIG) and Everest Group (EG) 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 EG?
Across a 3-year window, the weekly returns of AIG and EG correlate at 0.51, moderate. The relationship has been stable: the 1-year correlation (0.52) sits close to the 3-year figure. Stretching to 5 years gives 0.58, with an annualized covariance of 229.5 %².
By 3-year correlation, EG places #13 of the 28 assets tracked against AIG. Their recent paths diverged sharply: over the last 12 months EG outperformed by 15.9 percentage points (-4.6% for AIG against +11.3% for EG). Across three years, the rolling one-year figure varied moderately, from 0.31 to 0.58.
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 EG: side by side
| AIG (American International Group) | EG (Everest Group) | |
|---|---|---|
| 1-year return | -4.6% | +11.3% |
| 5-year return | +58.9% | +57.2% |
| Volatility (ann.) | 20.1% | 22.2% |
| Beta vs S&P 500 | 0.46 | 0.28 |
| Max drawdown (3Y) | -17.0% | -23.8% |
| Market cap | $40.1B | $14.5B |
| P/E (trailing) | 14.0 | 8.0 |
| Dividend yield | 2.40% | 2.11% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | AIG | EG |
|---|---|---|
| 2022 | +13.8% | +23.7% |
| 2023 | +9.8% | +8.7% |
| 2024 | +9.8% | +4.6% |
| 2025 | +20.0% | -5.3% |
| 2026 | -9.3% | +12.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIG and EG good diversifiers for each other?
To a limited degree. At 0.51 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between AIG and EG?
Using weekly returns as of 2026-08-27: 0.51 over 3 years, with 0.52 over the last year and 0.58 over 5 years.
Is EG a good diversifier for AIG?
To a limited degree. At 0.51 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
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-eg.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aig-vs-eg/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AIG correlations · EG correlations
