CB vs VLN: Correlation
Measured on weekly returns over the past three years, Chubb Limited (CB) and Valens Semiconductor Ltd. (VLN) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CB and VLN?
Across a 3-year window, the weekly returns of CB and VLN correlate at -0.22, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.31 lands near the 3-year figure. Stretching to 5 years gives -0.05, with an annualized covariance of -304.2 %².
By 3-year correlation, VLN places #31 of the 37 assets tracked against CB. The last year tells two different stories: CB led by 32.1 percentage points, +24.7% for CB against -7.4% for VLN. One caveat on sizing: VLN is 4.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 VLN: side by side
| CB (Chubb Limited) | VLN (Valens Semiconductor Ltd.) | |
|---|---|---|
| 1-year return | +24.7% | -7.4% |
| 5-year return | +96.8% | -74.7% |
| Volatility (ann.) | 17.7% | 79.0% |
| Beta vs S&P 500 | 0.17 | 2.08 |
| Max drawdown (3Y) | -14.4% | -67.9% |
| Market cap | $130.5B | $0.2B |
| P/E (trailing) | 12.2 | – |
| Dividend yield | 1.14% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | CB | VLN |
|---|---|---|
| 2022 | +16.0% | -30.3% |
| 2023 | +4.2% | -54.4% |
| 2024 | +23.9% | +6.1% |
| 2025 | +13.7% | -45.4% |
| 2026 | +9.1% | +31.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CB and VLN good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between CB and VLN?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.31 over the last year and -0.05 over 5 years.
Is VLN a good diversifier for CB?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 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/cb-vs-vln.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cb-vs-vln/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CB correlations · VLN correlations
