CHGA vs VRSK: Correlation
Change Agents Corporation (CHGA) and Verisk Analytics (VRSK) show a moderate relationship: their 3-year correlation of weekly returns is 0.36.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHGA and VRSK?
Over the past 3 years, CHGA and VRSK moved with a correlation of 0.36, which is moderate. Recent behaviour matches the longer record: 0.42 over 1 year against 0.36 over 3. Over 5 years the correlation is 0.23, and the annualized covariance of weekly returns is 1339.8 %².
Few assets follow CHGA as closely as VRSK, which ranks #3 of 10 tracked partners. Correlation aside, the last 12 months split them widely, with VRSK ahead by 65.7 points (-93.7% versus -28.0%). One caveat on sizing: CHGA is 5.9 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.
CHGA vs VRSK: side by side
| CHGA (Change Agents Corporation) | VRSK (Verisk Analytics) | |
|---|---|---|
| 1-year return | -93.7% | -28.0% |
| 5-year return | -99.9% | -1.6% |
| Volatility (ann.) | 148.9% | 25.1% |
| Beta vs S&P 500 | 0.96 | 0.27 |
| Max drawdown (3Y) | -99.3% | -50.8% |
| Market cap | – | $24.9B |
| P/E (trailing) | 0.1 | 28.8 |
| Dividend yield | 0.00% | 1.01% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | CHGA | VRSK |
|---|---|---|
| 2022 | -36.6% | -22.3% |
| 2023 | -90.7% | +36.2% |
| 2024 | -55.0% | +16.0% |
| 2025 | -63.2% | -18.2% |
| 2026 | -89.1% | -14.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHGA and VRSK good diversifiers for each other?
Reasonably. At 0.36, CHGA and VRSK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CHGA and VRSK?
As of 2026-08-27, the correlation of weekly returns between CHGA and VRSK is 0.36 over 3 years, 0.42 over 1 year and 0.23 over 5 years.
Is VRSK a good diversifier for CHGA?
Reasonably. At 0.36, CHGA and VRSK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.36 mean?
On the −1 to +1 scale, 0.36 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/chga-vs-vrsk.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/chga-vs-vrsk/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CHGA correlations · VRSK correlations