CB vs ORI: Correlation
How closely do Chubb Limited (CB) and Old Republic International Corporation (ORI) trade together? Their weekly returns over three years give a correlation of 0.60, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CB and ORI?
Across a 3-year window, the weekly returns of CB and ORI correlate at 0.60, strong. Recent behaviour matches the longer record: 0.55 over 1 year against 0.60 over 3. Stretching to 5 years gives 0.61, with an annualized covariance of 223.1 %².
By 3-year correlation, ORI places #15 of the 37 assets tracked against CB. On 12-month performance CB holds a 9.7-point edge, +24.7% against +15.0%.
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.
CB vs ORI: side by side
| CB (Chubb Limited) | ORI (Old Republic International Corporation) | |
|---|---|---|
| 1-year return | +24.7% | +15.0% |
| 5-year return | +96.8% | +137.4% |
| Volatility (ann.) | 17.7% | 21.1% |
| Beta vs S&P 500 | 0.17 | 0.28 |
| Max drawdown (3Y) | -14.4% | -16.2% |
| Market cap | $130.5B | $10.2B |
| P/E (trailing) | 12.2 | 9.3 |
| Dividend yield | 1.14% | 2.85% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | CB | ORI |
|---|---|---|
| 2022 | +16.0% | +6.7% |
| 2023 | +4.2% | +26.3% |
| 2024 | +23.9% | +27.1% |
| 2025 | +13.7% | +37.5% |
| 2026 | +9.1% | -0.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CB and ORI good diversifiers for each other?
Somewhat, no more. With 0.60 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CB and ORI?
Using weekly returns as of 2026-08-27: 0.60 over 3 years, with 0.55 over the last year and 0.61 over 5 years.
Is ORI a good diversifier for CB?
Somewhat, no more. With 0.60 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.60 mean?
On the −1 to +1 scale, 0.60 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/cb-vs-ori.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cb-vs-ori/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CB correlations · ORI correlations