AIZ vs RMCF: Correlation
Assurant (AIZ) and Rocky Mountain Chocolate Factory, Inc. (RMCF) show a negative relationship: their 3-year correlation of weekly returns is -0.18.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIZ and RMCF?
On 3 years of weekly data the AIZ/RMCF correlation comes out at -0.18, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.32 versus -0.18 over 3 years. The 5-year figure is -0.11, and annualized covariance runs at -272.5 %².
Among the 34 assets we track against AIZ, RMCF ranks #29 by 3-year correlation. Correlation aside, the last 12 months split them widely, with AIZ ahead by 54.0 points (+34.1% versus -19.9%). Risk is not evenly split, since RMCF carries 3.2 times the volatility of the other side.
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.
AIZ vs RMCF: side by side
| AIZ (Assurant) | RMCF (Rocky Mountain Chocolate Factory, Inc.) | |
|---|---|---|
| 1-year return | +34.1% | -19.9% |
| 5-year return | +83.5% | -84.3% |
| Volatility (ann.) | 21.5% | 68.5% |
| Beta vs S&P 500 | 0.60 | 0.77 |
| Max drawdown (3Y) | -20.8% | -87.0% |
| Market cap | $14.1B | – |
| P/E (trailing) | 13.8 | – |
| Dividend yield | 1.19% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | AIZ | RMCF |
|---|---|---|
| 2022 | -18.3% | -27.4% |
| 2023 | +37.5% | -19.3% |
| 2024 | +28.5% | -47.2% |
| 2025 | +14.7% | -21.8% |
| 2026 | +19.4% | -38.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIZ and RMCF good diversifiers for each other?
Yes. With a correlation of -0.18, AIZ and RMCF have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AIZ and RMCF?
Using weekly returns as of 2026-08-27: -0.18 over 3 years, with -0.32 over the last year and -0.11 over 5 years.
Is RMCF a good diversifier for AIZ?
Yes. With a correlation of -0.18, AIZ and RMCF have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.18 mean?
A reading of -0.18 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/aiz-vs-rmcf.json
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Related comparisons
Hubs: AIZ correlations · RMCF correlations
