CB vs PERF: Correlation
How closely do Chubb Limited (CB) and Perfect Corp. Class A (PERF) trade together? Their weekly returns over three years give a correlation of -0.24, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CB and PERF?
Over the past 3 years, CB and PERF moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.42 versus -0.24 over 3 years. Over 5 years the correlation is -0.13, and the annualized covariance of weekly returns is -242.9 %².
Out of 37 assets tracked against CB, PERF lands near the bottom at #33. Their recent paths diverged sharply: over the last 12 months CB outperformed by 36.0 percentage points (+24.7% for CB against -11.3% for PERF). Risk is not evenly split, since PERF 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.
CB vs PERF: side by side
| CB (Chubb Limited) | PERF (Perfect Corp. Class A) | |
|---|---|---|
| 1-year return | +24.7% | -11.3% |
| 5-year return | +96.8% | n/a |
| Volatility (ann.) | 17.7% | 56.3% |
| Beta vs S&P 500 | 0.17 | 0.93 |
| Max drawdown (3Y) | -14.4% | -67.5% |
| Market cap | $130.5B | $0.2B |
| P/E (trailing) | 12.2 | 31.3 |
| Dividend yield | 1.14% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | CB | PERF |
|---|---|---|
| 2022 | +16.0% | – |
| 2023 | +4.2% | -56.6% |
| 2024 | +23.9% | -8.7% |
| 2025 | +13.7% | -36.0% |
| 2026 | +9.1% | +3.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CB and PERF good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CB and PERF?
The CB/PERF correlation stands at -0.24 on a 3-year window (1 year: -0.42, 5 years: -0.13), computed from weekly returns as of 2026-08-27.
Is PERF a good diversifier for CB?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 mean?
A reading of -0.24 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/cb-vs-perf.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cb-vs-perf/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CB correlations · PERF correlations
