CINF vs RYAN: Correlation
Cincinnati Financial (CINF) and Ryan Specialty Holdings, Inc. (RYAN) show a moderate relationship: their 3-year correlation of weekly returns is 0.54.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CINF and RYAN?
Over the past 3 years, CINF and RYAN moved with a correlation of 0.54, which is moderate. The relationship has been stable: the 1-year correlation (0.58) sits close to the 3-year figure. Over 5 years the correlation is 0.30, and the annualized covariance of weekly returns is 388.5 %².
Within CINF's tracked universe of 49 assets, RYAN comes in at #26 by 3-year correlation. The last year tells two different stories: CINF led by 37.8 percentage points, +14.5% for CINF against -23.3% for RYAN. Risk is not evenly split, since RYAN carries 1.5 times the volatility of the other side.
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 RYAN: side by side
| CINF (Cincinnati Financial) | RYAN (Ryan Specialty Holdings, Inc.) | |
|---|---|---|
| 1-year return | +14.5% | -23.3% |
| 5-year return | +58.8% | +36.6% |
| Volatility (ann.) | 21.6% | 33.3% |
| Beta vs S&P 500 | 0.36 | 0.36 |
| Max drawdown (3Y) | -20.0% | -60.9% |
| Market cap | $26.5B | $17.0B |
| P/E (trailing) | 8.1 | 58.8 |
| Dividend yield | 2.10% | 1.16% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | CINF | RYAN |
|---|---|---|
| 2022 | -7.9% | +2.9% |
| 2023 | +4.0% | +3.6% |
| 2024 | +42.5% | +50.9% |
| 2025 | +16.3% | -18.9% |
| 2026 | +6.8% | -14.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CINF and RYAN good diversifiers for each other?
To a limited degree. At 0.54 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 RYAN?
The CINF/RYAN correlation stands at 0.54 on a 3-year window (1 year: 0.58, 5 years: 0.30), computed from weekly returns as of 2026-08-27.
Is RYAN a good diversifier for CINF?
To a limited degree. At 0.54 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 0.54 mean?
On the −1 to +1 scale, 0.54 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-ryan.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cinf-vs-ryan/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CINF correlations · RYAN correlations
