CINF vs UNM: Correlation
How closely do Cincinnati Financial (CINF) and Unum Group (UNM) trade together? Their weekly returns over three years give a correlation of 0.55, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CINF and UNM?
On 3 years of weekly data the CINF/UNM correlation comes out at 0.55, moderate. Recent behaviour matches the longer record: 0.47 over 1 year against 0.55 over 3. The 5-year figure is 0.49, and annualized covariance runs at 280.9 %².
Within CINF's tracked universe of 49 assets, UNM comes in at #24 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months UNM outperformed by 21.7 percentage points (+14.5% for CINF against +36.2% for UNM).
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 UNM: side by side
| CINF (Cincinnati Financial) | UNM (Unum Group) | |
|---|---|---|
| 1-year return | +14.5% | +36.2% |
| 5-year return | +58.8% | +305.6% |
| Volatility (ann.) | 21.6% | 23.8% |
| Beta vs S&P 500 | 0.36 | 0.49 |
| Max drawdown (3Y) | -20.0% | -17.9% |
| Market cap | $26.5B | $14.6B |
| P/E (trailing) | 8.1 | 21.3 |
| Dividend yield | 2.10% | 2.06% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | CINF | UNM |
|---|---|---|
| 2022 | -7.9% | +73.6% |
| 2023 | +4.0% | +13.7% |
| 2024 | +42.5% | +66.3% |
| 2025 | +16.3% | +8.6% |
| 2026 | +6.8% | +21.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CINF and UNM good diversifiers for each other?
To a limited degree. At 0.55 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 UNM?
As of 2026-08-27, the correlation of weekly returns between CINF and UNM is 0.55 over 3 years, 0.47 over 1 year and 0.49 over 5 years.
Is UNM a good diversifier for CINF?
To a limited degree. At 0.55 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 0.55 mean?
On the −1 to +1 scale, 0.55 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-unm.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cinf-vs-unm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CINF correlations · UNM correlations
