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CINF vs SPNT: Correlation

Measured on weekly returns over the past three years, Cincinnati Financial (CINF) and SiriusPoint Ltd. (SPNT) carry a correlation of 0.50, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.50
moderate
Correlation (1Y)
0.56
last 12 months
Correlation (5Y)
0.42
long-run
Ann. covariance
296.6
%² · weekly, annualized

How correlated are CINF and SPNT?

On 3 years of weekly data the CINF/SPNT correlation comes out at 0.50, moderate. Recent behaviour matches the longer record: 0.56 over 1 year against 0.50 over 3. The 5-year figure is 0.42, and annualized covariance runs at 296.6 %².

By 3-year correlation, SPNT places #31 of the 49 assets tracked against CINF. The trailing year gives SPNT the advantage: +14.5% versus +29.3%, a 14.8-point spread.

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 SPNT: side by side

CINF (Cincinnati Financial)SPNT (SiriusPoint Ltd.)
1-year return+14.5%+29.3%
5-year return+58.8%+141.9%
Volatility (ann.)21.6%27.4%
Beta vs S&P 5000.360.37
Max drawdown (3Y)-20.0%-16.3%
Market cap$26.5B$2.8B
P/E (trailing)8.15.9
Dividend yield2.10%0.00%
Sector / categoryFinancialsUS Listed
Lower P/E: SPNT 5.9 vs 8.1Higher yield: CINF 2.10% vs 0.00%Smaller drawdown: SPNT -16.3% vs -20.0%Higher 5y return: SPNT +141.9% vs +58.8%
-6%0%+35%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. CINF · SPNT

Year-by-year returns

YearCINFSPNT
2022-7.9%-27.4%
2023+4.0%+96.6%
2024+42.5%+41.3%
2025+16.3%+33.6%
2026+6.8%+10.0%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are CINF and SPNT good diversifiers for each other?

Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.

FAQ

What is the correlation between CINF and SPNT?

As of 2026-08-27, the correlation of weekly returns between CINF and SPNT is 0.50 over 3 years, 0.56 over 1 year and 0.42 over 5 years.

Is SPNT a good diversifier for CINF?

Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.

What does a correlation of 0.50 mean?

On the −1 to +1 scale, 0.50 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.

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CINF vs SPNT: 3-year weekly correlation 0.50CINF vs SPNT0.50

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Related comparisons

Hubs: CINF correlations · SPNT correlations