CINF vs EIG: Correlation
Measured on weekly returns over the past three years, Cincinnati Financial (CINF) and Employers Holdings Inc (EIG) carry a correlation of 0.58, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CINF and EIG?
Across a 3-year window, the weekly returns of CINF and EIG correlate at 0.58, moderate. The relationship has been stable: the 1-year correlation (0.56) sits close to the 3-year figure. Stretching to 5 years gives 0.52, with an annualized covariance of 284.4 %².
Within CINF's tracked universe of 49 assets, EIG comes in at #17 by 3-year correlation. Twelve-month performance is nearly a tie, at +14.5% for CINF and +16.7% for EIG.
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.
CINF vs EIG: side by side
| CINF (Cincinnati Financial) | EIG (Employers Holdings Inc) | |
|---|---|---|
| 1-year return | +14.5% | +16.7% |
| 5-year return | +58.8% | +43.2% |
| Volatility (ann.) | 21.6% | 22.8% |
| Beta vs S&P 500 | 0.36 | 0.32 |
| Max drawdown (3Y) | -20.0% | -31.3% |
| Market cap | $26.5B | $0.9B |
| P/E (trailing) | 8.1 | 62.1 |
| Dividend yield | 2.10% | 2.64% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | CINF | EIG |
|---|---|---|
| 2022 | -7.9% | +12.6% |
| 2023 | +4.0% | -6.1% |
| 2024 | +42.5% | +33.4% |
| 2025 | +16.3% | -13.3% |
| 2026 | +6.8% | +16.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CINF and EIG good diversifiers for each other?
Only partially. A correlation of 0.58 means CINF and EIG share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between CINF and EIG?
Using weekly returns as of 2026-08-27: 0.58 over 3 years, with 0.56 over the last year and 0.52 over 5 years.
Is EIG a good diversifier for CINF?
Only partially. A correlation of 0.58 means CINF and EIG share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
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/cinf-vs-eig.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cinf-vs-eig/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CINF correlations · EIG correlations
