CINF vs RKTO: Correlation
Cincinnati Financial (CINF) and Rocket One Inc. (RKTO) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CINF and RKTO?
On 3 years of weekly data the CINF/RKTO correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.36) runs below the 3-year figure (-0.21). The 5-year figure is -0.09, and annualized covariance runs at -630.0 %².
Among the 49 assets we track against CINF, RKTO ranks #44 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months CINF outperformed by 54.8 percentage points (+14.5% for CINF against -40.3% for RKTO). Note the risk asymmetry: RKTO runs 6.3 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 RKTO: side by side
| CINF (Cincinnati Financial) | RKTO (Rocket One Inc.) | |
|---|---|---|
| 1-year return | +14.5% | -40.3% |
| 5-year return | +58.8% | -97.7% |
| Volatility (ann.) | 21.6% | 135.8% |
| Beta vs S&P 500 | 0.36 | 0.30 |
| Max drawdown (3Y) | -20.0% | -81.1% |
| Market cap | $26.5B | – |
| P/E (trailing) | 8.1 | – |
| Dividend yield | 2.10% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | CINF | RKTO |
|---|---|---|
| 2022 | -7.9% | -52.7% |
| 2023 | +4.0% | -81.5% |
| 2024 | +42.5% | -48.1% |
| 2025 | +16.3% | +32.4% |
| 2026 | +6.8% | -27.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CINF and RKTO good diversifiers for each other?
Yes. With a correlation of -0.21, CINF and RKTO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CINF and RKTO?
As of 2026-08-27, the correlation of weekly returns between CINF and RKTO is -0.21 over 3 years, -0.36 over 1 year and -0.09 over 5 years.
Is RKTO a good diversifier for CINF?
Yes. With a correlation of -0.21, CINF and RKTO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
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Related comparisons
Hubs: CINF correlations · RKTO correlations
