ALLY vs CFG: Correlation
Measured on weekly returns over the past three years, Ally Financial Inc. (ALLY) and Citizens Financial Group (CFG) carry a correlation of 0.75, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALLY and CFG?
On 3 years of weekly data the ALLY/CFG correlation comes out at 0.75, strong. Lately the two have drifted apart, with the 1-year correlation at 0.59 versus 0.75 over 3 years. The 5-year figure is 0.70, and annualized covariance runs at 801.5 %².
Few assets follow ALLY as closely as CFG, which ranks #1 of 14 tracked partners. The last year tells two different stories: CFG led by 32.2 percentage points, +7.1% for ALLY against +39.3% for CFG.
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.
ALLY vs CFG: side by side
| ALLY (Ally Financial Inc.) | CFG (Citizens Financial Group) | |
|---|---|---|
| 1-year return | +7.1% | +39.3% |
| 5-year return | -2.7% | +98.3% |
| Volatility (ann.) | 34.5% | 31.0% |
| Beta vs S&P 500 | 1.22 | 1.16 |
| Max drawdown (3Y) | -31.6% | -29.1% |
| Market cap | $13.0B | $29.6B |
| P/E (trailing) | 10.0 | 15.4 |
| Dividend yield | 2.82% | 2.55% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | ALLY | CFG |
|---|---|---|
| 2022 | -46.9% | -13.4% |
| 2023 | +49.2% | -11.0% |
| 2024 | +6.4% | +38.0% |
| 2025 | +29.9% | +38.6% |
| 2026 | -3.6% | +22.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALLY and CFG good diversifiers for each other?
Somewhat, no more. With 0.75 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ALLY and CFG?
The ALLY/CFG correlation stands at 0.75 on a 3-year window (1 year: 0.59, 5 years: 0.70), computed from weekly returns as of 2026-08-27.
Is CFG a good diversifier for ALLY?
Somewhat, no more. With 0.75 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.75 mean?
A reading of 0.75 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/ally-vs-cfg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ally-vs-cfg/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ALLY correlations · CFG correlations
