CIGI vs EFX: Correlation
How closely do Colliers International Group Inc. - Subordinate Voting (CIGI) and Equifax (EFX) trade together? Their weekly returns over three years give a correlation of 0.58, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CIGI and EFX?
Over the past 3 years, CIGI and EFX moved with a correlation of 0.58, which is moderate. Recent behaviour matches the longer record: 0.58 over 1 year against 0.58 over 3. Over 5 years the correlation is 0.56, and the annualized covariance of weekly returns is 592.5 %².
By 3-year correlation, EFX places #6 of the 14 assets tracked against CIGI. Correlation aside, the last 12 months split them widely, with EFX ahead by 16.1 points (-37.9% versus -21.8%).
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.
CIGI vs EFX: side by side
| CIGI (Colliers International Group Inc. - Subordinate Voting) | EFX (Equifax) | |
|---|---|---|
| 1-year return | -37.9% | -21.8% |
| 5-year return | -24.2% | -26.0% |
| Volatility (ann.) | 30.6% | 33.3% |
| Beta vs S&P 500 | 0.98 | 1.25 |
| Max drawdown (3Y) | -47.5% | -49.7% |
| Market cap | $5.3B | $22.4B |
| P/E (trailing) | 48.8 | 33.5 |
| Dividend yield | 0.29% | 1.11% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | CIGI | EFX |
|---|---|---|
| 2022 | -37.9% | -33.1% |
| 2023 | +37.8% | +28.2% |
| 2024 | +7.7% | +3.7% |
| 2025 | +8.4% | -14.2% |
| 2026 | -29.8% | -11.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CIGI and EFX good diversifiers for each other?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CIGI and EFX?
As of 2026-08-27, the correlation of weekly returns between CIGI and EFX is 0.58 over 3 years, 0.58 over 1 year and 0.56 over 5 years.
Is EFX a good diversifier for CIGI?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.58 mean?
A reading of 0.58 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/cigi-vs-efx.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cigi-vs-efx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CIGI correlations · EFX correlations
