CINF vs WRB: Correlation
How closely do Cincinnati Financial (CINF) and W. R. Berkley Corporation (WRB) trade together? Their weekly returns over three years give a correlation of 0.62, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CINF and WRB?
Across a 3-year window, the weekly returns of CINF and WRB correlate at 0.62, strong. Little has changed lately, as the 1-year reading of 0.66 lands near the 3-year figure. Stretching to 5 years gives 0.56, with an annualized covariance of 303.0 %².
Within CINF's tracked universe of 49 assets, WRB comes in at #12 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months CINF outperformed by 16.5 percentage points (+14.5% for CINF against -2.0% for WRB). On a rolling one-year basis the correlation drifted between 0.31 and 0.74, a moderate band.
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 WRB: side by side
| CINF (Cincinnati Financial) | WRB (W. R. Berkley Corporation) | |
|---|---|---|
| 1-year return | +14.5% | -2.0% |
| 5-year return | +58.8% | +130.5% |
| Volatility (ann.) | 21.6% | 22.5% |
| Beta vs S&P 500 | 0.36 | 0.19 |
| Max drawdown (3Y) | -20.0% | -17.6% |
| Market cap | $26.5B | $25.4B |
| P/E (trailing) | 8.1 | 14.1 |
| Dividend yield | 2.10% | 0.54% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | CINF | WRB |
|---|---|---|
| 2022 | -7.9% | +33.9% |
| 2023 | +4.0% | +0.2% |
| 2024 | +42.5% | +27.2% |
| 2025 | +16.3% | +23.0% |
| 2026 | +6.8% | -1.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CINF and WRB good diversifiers for each other?
Only partially. A correlation of 0.62 means CINF and WRB 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 WRB?
As of 2026-08-27, the correlation of weekly returns between CINF and WRB is 0.62 over 3 years, 0.66 over 1 year and 0.56 over 5 years.
Is WRB a good diversifier for CINF?
Only partially. A correlation of 0.62 means CINF and WRB share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.62 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.
Use this data
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Related comparisons
Hubs: CINF correlations · WRB correlations
