AIZ vs WTW: Correlation
Assurant (AIZ) and Willis Towers Watson (WTW) show a moderate relationship: their 3-year correlation of weekly returns is 0.48.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIZ and WTW?
Across a 3-year window, the weekly returns of AIZ and WTW correlate at 0.48, moderate. Recent behaviour matches the longer record: 0.56 over 1 year against 0.48 over 3. Stretching to 5 years gives 0.40, with an annualized covariance of 244.6 %².
By 3-year correlation, WTW places #21 of the 34 assets tracked against AIZ. The last year tells two different stories: AIZ led by 29.9 percentage points, +34.1% for AIZ against +4.2% for WTW. This link changes with the market regime, having swung between 0.20 and 0.73 on a rolling one-year basis.
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 WTW: side by side
| AIZ (Assurant) | WTW (Willis Towers Watson) | |
|---|---|---|
| 1-year return | +34.1% | +4.2% |
| 5-year return | +83.5% | +68.3% |
| Volatility (ann.) | 21.5% | 23.5% |
| Beta vs S&P 500 | 0.60 | 0.32 |
| Max drawdown (3Y) | -20.8% | -30.4% |
| Market cap | $14.1B | $31.5B |
| P/E (trailing) | 13.8 | 21.2 |
| Dividend yield | 1.19% | 0.55% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | AIZ | WTW |
|---|---|---|
| 2022 | -18.3% | +4.5% |
| 2023 | +37.5% | +0.1% |
| 2024 | +28.5% | +31.5% |
| 2025 | +14.7% | +6.1% |
| 2026 | +19.4% | +4.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIZ and WTW good diversifiers for each other?
Reasonably. At 0.48, AIZ and WTW keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AIZ and WTW?
The AIZ/WTW correlation stands at 0.48 on a 3-year window (1 year: 0.56, 5 years: 0.40), computed from weekly returns as of 2026-08-27.
Is WTW a good diversifier for AIZ?
Reasonably. At 0.48, AIZ and WTW keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.48 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aiz-vs-wtw.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aiz-vs-wtw/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AIZ correlations · WTW correlations
