ALL vs TRV: Correlation
Allstate (ALL) and Travelers Companies (The) (TRV) show a moderate relationship: their 3-year correlation of weekly returns is 0.59.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALL and TRV?
On 3 years of weekly data the ALL/TRV correlation comes out at 0.59, moderate. Little has changed lately, as the 1-year reading of 0.63 lands near the 3-year figure. The 5-year figure is 0.63, and annualized covariance runs at 272.8 %².
Among the 32 assets we track against ALL, TRV ranks #11 by 3-year correlation. On 12-month performance TRV holds a 8.9-point edge, +28.9% against +37.8%. The rolling one-year correlation moved between 0.30 and 0.79 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.
ALL vs TRV: side by side
| ALL (Allstate) | TRV (Travelers Companies (The)) | |
|---|---|---|
| 1-year return | +28.9% | +37.8% |
| 5-year return | +114.7% | +155.3% |
| Volatility (ann.) | 22.1% | 20.8% |
| Beta vs S&P 500 | 0.31 | 0.36 |
| Max drawdown (3Y) | -14.1% | -12.5% |
| Market cap | $65.1B | $77.0B |
| P/E (trailing) | 5.2 | 10.0 |
| Dividend yield | 1.59% | 1.23% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | ALL | TRV |
|---|---|---|
| 2022 | +18.4% | +22.4% |
| 2023 | +6.4% | +3.9% |
| 2024 | +40.6% | +28.8% |
| 2025 | +10.1% | +22.4% |
| 2026 | +25.0% | +28.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALL and TRV good diversifiers for each other?
To a limited degree. At 0.59 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 ALL and TRV?
Using weekly returns as of 2026-08-27: 0.59 over 3 years, with 0.63 over the last year and 0.63 over 5 years.
Is TRV a good diversifier for ALL?
To a limited degree. At 0.59 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 0.59 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/all-vs-trv.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/all-vs-trv/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ALL correlations · TRV correlations
