CNA vs EG: Correlation
CNA Financial Corporation (CNA) and Everest Group (EG) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CNA and EG?
Over the past 3 years, CNA and EG moved with a correlation of 0.50, which is moderate. Recent behaviour matches the longer record: 0.56 over 1 year against 0.50 over 3. Over 5 years the correlation is 0.58, and the annualized covariance of weekly returns is 220.2 %².
Within CNA's tracked universe of 26 assets, EG comes in at #15 by 3-year correlation. Their 12-month results are close: +7.6% for CNA against +11.3% for EG.
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.
CNA vs EG: side by side
| CNA (CNA Financial Corporation) | EG (Everest Group) | |
|---|---|---|
| 1-year return | +7.6% | +11.3% |
| 5-year return | +64.0% | +57.2% |
| Volatility (ann.) | 19.8% | 22.2% |
| Beta vs S&P 500 | 0.21 | 0.28 |
| Max drawdown (3Y) | -14.6% | -23.8% |
| Market cap | $13.2B | $14.5B |
| P/E (trailing) | 10.9 | 8.0 |
| Dividend yield | 3.80% | 2.11% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | CNA | EG |
|---|---|---|
| 2022 | +3.8% | +23.7% |
| 2023 | +7.1% | +8.7% |
| 2024 | +24.0% | +4.6% |
| 2025 | +7.0% | -5.3% |
| 2026 | +10.1% | +12.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CNA and EG 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 CNA and EG?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.56 over the last year and 0.58 over 5 years.
Is EG a good diversifier for CNA?
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?
A reading of 0.50 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cna-vs-eg.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cna-vs-eg/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CNA correlations · EG correlations
