CINF vs RLI: Correlation
Cincinnati Financial (CINF) and RLI Corp. (RLI) show a moderate relationship: their 3-year correlation of weekly returns is 0.57.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CINF and RLI?
Over the past 3 years, CINF and RLI moved with a correlation of 0.57, which is moderate. The relationship has been stable: the 1-year correlation (0.64) sits close to the 3-year figure. Over 5 years the correlation is 0.51, and the annualized covariance of weekly returns is 275.3 %².
Within CINF's tracked universe of 49 assets, RLI comes in at #20 by 3-year correlation. On 12-month performance CINF holds a 12.6-point edge, +14.5% against +1.9%.
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 RLI: side by side
| CINF (Cincinnati Financial) | RLI (RLI Corp.) | |
|---|---|---|
| 1-year return | +14.5% | +1.9% |
| 5-year return | +58.8% | +46.7% |
| Volatility (ann.) | 21.6% | 22.2% |
| Beta vs S&P 500 | 0.36 | 0.18 |
| Max drawdown (3Y) | -20.0% | -43.5% |
| Market cap | $26.5B | $5.9B |
| P/E (trailing) | 8.1 | 13.5 |
| Dividend yield | 2.10% | 1.02% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | CINF | RLI |
|---|---|---|
| 2022 | -7.9% | +24.8% |
| 2023 | +4.0% | +3.8% |
| 2024 | +42.5% | +27.6% |
| 2025 | +16.3% | -19.1% |
| 2026 | +6.8% | +5.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CINF and RLI good diversifiers for each other?
Only partially. A correlation of 0.57 means CINF and RLI 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 RLI?
The CINF/RLI correlation stands at 0.57 on a 3-year window (1 year: 0.64, 5 years: 0.51), computed from weekly returns as of 2026-08-27.
Is RLI a good diversifier for CINF?
Only partially. A correlation of 0.57 means CINF and RLI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.57 mean?
On the −1 to +1 scale, 0.57 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cinf-vs-rli.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cinf-vs-rli/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CINF correlations · RLI correlations
