CINF vs HIG: Correlation
Measured on weekly returns over the past three years, Cincinnati Financial (CINF) and Hartford (The) (HIG) carry a correlation of 0.71, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CINF and HIG?
Across a 3-year window, the weekly returns of CINF and HIG correlate at 0.71, strong. The relationship has been stable: the 1-year correlation (0.68) sits close to the 3-year figure. Stretching to 5 years gives 0.66, with an annualized covariance of 297.5 %².
Few assets follow CINF as closely as HIG, which ranks #2 of 49 tracked partners. On 12-month performance CINF holds a 9.1-point edge, +14.5% against +5.4%. Across three years, the rolling one-year figure varied moderately, from 0.57 to 0.83.
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 HIG: side by side
| CINF (Cincinnati Financial) | HIG (Hartford (The)) | |
|---|---|---|
| 1-year return | +14.5% | +5.4% |
| 5-year return | +58.8% | +127.4% |
| Volatility (ann.) | 21.6% | 19.5% |
| Beta vs S&P 500 | 0.36 | 0.39 |
| Max drawdown (3Y) | -20.0% | -13.7% |
| Market cap | $26.5B | $37.3B |
| P/E (trailing) | 8.1 | 9.7 |
| Dividend yield | 2.10% | 1.66% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | CINF | HIG |
|---|---|---|
| 2022 | -7.9% | +12.3% |
| 2023 | +4.0% | +8.5% |
| 2024 | +42.5% | +38.5% |
| 2025 | +16.3% | +28.1% |
| 2026 | +6.8% | +0.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CINF and HIG good diversifiers for each other?
Only partially. A correlation of 0.71 means CINF and HIG 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 HIG?
As of 2026-08-27, the correlation of weekly returns between CINF and HIG is 0.71 over 3 years, 0.68 over 1 year and 0.66 over 5 years.
Is HIG a good diversifier for CINF?
Only partially. A correlation of 0.71 means CINF and HIG share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.71 mean?
A reading of 0.71 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-hig.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cinf-vs-hig/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CINF correlations · HIG correlations
