CINF vs PLGO: Correlation
Cincinnati Financial (CINF) and Pelagos Insurance Capital Limited (PLGO) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CINF and PLGO?
Across a 3-year window, the weekly returns of CINF and PLGO correlate at 0.45, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.58 versus 0.45 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of 289.1 %².
Within CINF's tracked universe of 49 assets, PLGO comes in at #35 by 3-year correlation. The last year tells two different stories: PLGO led by 29.6 percentage points, +14.5% for CINF against +44.1% for PLGO.
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 PLGO: side by side
| CINF (Cincinnati Financial) | PLGO (Pelagos Insurance Capital Limited) | |
|---|---|---|
| 1-year return | +14.5% | +44.1% |
| 5-year return | +58.8% | n/a |
| Volatility (ann.) | 21.6% | 29.5% |
| Beta vs S&P 500 | 0.36 | 0.43 |
| Max drawdown (3Y) | -20.0% | -29.9% |
| Market cap | $26.5B | $2.1B |
| P/E (trailing) | 8.1 | 6.1 |
| Dividend yield | 2.10% | 2.45% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | CINF | PLGO |
|---|---|---|
| 2022 | -7.9% | – |
| 2023 | +4.0% | – |
| 2024 | +42.5% | +46.3% |
| 2025 | +16.3% | +9.4% |
| 2026 | +6.8% | +26.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CINF and PLGO good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CINF and PLGO?
As of 2026-08-27, the correlation of weekly returns between CINF and PLGO is 0.45 over 3 years, 0.58 over 1 year and n/a over 5 years.
Is PLGO a good diversifier for CINF?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 mean?
A reading of 0.45 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-plgo.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cinf-vs-plgo/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CINF correlations · PLGO correlations
