AIG vs VLN: Correlation
Measured on weekly returns over the past three years, American International Group (AIG) and Valens Semiconductor Ltd. (VLN) carry a correlation of -0.17, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIG and VLN?
Across a 3-year window, the weekly returns of AIG and VLN correlate at -0.17, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.30) than the 3-year average (-0.17). Stretching to 5 years gives 0.01, with an annualized covariance of -272.8 %².
By 3-year correlation, VLN places #21 of the 28 assets tracked against AIG. Neither side won the trailing year by much: -4.6% against -7.4%. One caveat on sizing: VLN is 3.9 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 VLN: side by side
| AIG (American International Group) | VLN (Valens Semiconductor Ltd.) | |
|---|---|---|
| 1-year return | -4.6% | -7.4% |
| 5-year return | +58.9% | -74.7% |
| Volatility (ann.) | 20.1% | 79.0% |
| Beta vs S&P 500 | 0.46 | 2.08 |
| Max drawdown (3Y) | -17.0% | -67.9% |
| Market cap | $40.1B | $0.2B |
| P/E (trailing) | 14.0 | – |
| Dividend yield | 2.40% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | AIG | VLN |
|---|---|---|
| 2022 | +13.8% | -30.3% |
| 2023 | +9.8% | -54.4% |
| 2024 | +9.8% | +6.1% |
| 2025 | +20.0% | -45.4% |
| 2026 | -9.3% | +31.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIG and VLN 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 VLN?
Using weekly returns as of 2026-08-27: -0.17 over 3 years, with -0.30 over the last year and 0.01 over 5 years.
Is VLN 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?
On the −1 to +1 scale, -0.17 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aig-vs-vln.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aig-vs-vln/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AIG correlations · VLN correlations
