CINF vs L: Correlation
Measured on weekly returns over the past three years, Cincinnati Financial (CINF) and Loews Corporation (L) carry a correlation of 0.74, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CINF and L?
Over the past 3 years, CINF and L moved with a correlation of 0.74, which is strong. Little has changed lately, as the 1-year reading of 0.79 lands near the 3-year figure. Over 5 years the correlation is 0.70, and the annualized covariance of weekly returns is 266.9 %².
L is one of the assets that tracks CINF most closely: it ranks #1 out of the 49 assets we track against CINF. Twelve-month performance is nearly a tie, at +14.5% for CINF and +14.2% for L. 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 L: side by side
| CINF (Cincinnati Financial) | L (Loews Corporation) | |
|---|---|---|
| 1-year return | +14.5% | +14.2% |
| 5-year return | +58.8% | +100.1% |
| Volatility (ann.) | 21.6% | 16.6% |
| Beta vs S&P 500 | 0.36 | 0.33 |
| Max drawdown (3Y) | -20.0% | -12.2% |
| Market cap | $26.5B | $22.5B |
| P/E (trailing) | 8.1 | 13.5 |
| Dividend yield | 2.10% | 0.23% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | CINF | L |
|---|---|---|
| 2022 | -7.9% | +1.4% |
| 2023 | +4.0% | +19.8% |
| 2024 | +42.5% | +22.1% |
| 2025 | +16.3% | +24.7% |
| 2026 | +6.8% | +4.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CINF and L good diversifiers for each other?
To a limited degree. At 0.74 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between CINF and L?
Using weekly returns as of 2026-08-27: 0.74 over 3 years, with 0.79 over the last year and 0.70 over 5 years.
Is L a good diversifier for CINF?
To a limited degree. At 0.74 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.74 mean?
A reading of 0.74 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-l.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cinf-vs-l/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CINF correlations · L correlations
