AIG vs PFG: Correlation
Measured on weekly returns over the past three years, American International Group (AIG) and Principal Financial Group (PFG) carry a correlation of 0.55, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIG and PFG?
On 3 years of weekly data the AIG/PFG correlation comes out at 0.55, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.31 versus 0.55 over 3 years. The 5-year figure is 0.67, and annualized covariance runs at 256.3 %².
Within AIG's tracked universe of 28 assets, PFG comes in at #10 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months PFG outperformed by 48.5 percentage points (-4.6% for AIG against +43.9% for PFG). The rolling one-year correlation moved between 0.34 and 0.77 over the past three years, a moderate range.
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 PFG: side by side
| AIG (American International Group) | PFG (Principal Financial Group) | |
|---|---|---|
| 1-year return | -4.6% | +43.9% |
| 5-year return | +58.9% | +99.7% |
| Volatility (ann.) | 20.1% | 22.9% |
| Beta vs S&P 500 | 0.46 | 0.88 |
| Max drawdown (3Y) | -17.0% | -22.4% |
| Market cap | $40.1B | $24.0B |
| P/E (trailing) | 14.0 | 16.0 |
| Dividend yield | 2.40% | 2.84% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | AIG | PFG |
|---|---|---|
| 2022 | +13.8% | +20.1% |
| 2023 | +9.8% | -2.8% |
| 2024 | +9.8% | +1.9% |
| 2025 | +20.0% | +18.4% |
| 2026 | -9.3% | +29.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIG and PFG good diversifiers for each other?
To a limited degree. At 0.55 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 PFG?
Using weekly returns as of 2026-08-27: 0.55 over 3 years, with 0.31 over the last year and 0.67 over 5 years.
Is PFG a good diversifier for AIG?
To a limited degree. At 0.55 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 0.55 mean?
A reading of 0.55 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-pfg.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aig-vs-pfg/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AIG correlations · PFG correlations
