CNA vs ORCL: Correlation
CNA Financial Corporation (CNA) and Oracle Corporation (ORCL) show a negative relationship: their 3-year correlation of weekly returns is -0.28.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CNA and ORCL?
Over the past 3 years, CNA and ORCL moved with a correlation of -0.28, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.57) runs below the 3-year figure (-0.28). Over 5 years the correlation is -0.09, and the annualized covariance of weekly returns is -280.0 %².
Among the 26 assets we track against CNA, ORCL sits near the bottom by co-movement, at rank #26. Their recent paths diverged sharply: over the last 12 months CNA outperformed by 42.4 percentage points (+7.6% for CNA against -34.8% for ORCL). Risk is not evenly split, since ORCL carries 2.5 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.
CNA vs ORCL: side by side
| CNA (CNA Financial Corporation) | ORCL (Oracle Corporation) | |
|---|---|---|
| 1-year return | +7.6% | -34.8% |
| 5-year return | +64.0% | +81.7% |
| Volatility (ann.) | 19.8% | 49.9% |
| Beta vs S&P 500 | 0.21 | 1.71 |
| Max drawdown (3Y) | -14.6% | -64.6% |
| Market cap | $13.2B | $437.7B |
| P/E (trailing) | 10.9 | 25.5 |
| Dividend yield | 3.80% | 1.34% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | CNA | ORCL |
|---|---|---|
| 2022 | +3.8% | -4.6% |
| 2023 | +7.1% | +30.9% |
| 2024 | +24.0% | +60.0% |
| 2025 | +7.0% | +18.1% |
| 2026 | +10.1% | -21.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CNA and ORCL good diversifiers for each other?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CNA and ORCL?
Using weekly returns as of 2026-08-27: -0.28 over 3 years, with -0.57 over the last year and -0.09 over 5 years.
Is ORCL a good diversifier for CNA?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.28 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
$ curl https://www.pairbook.io/api/v1/pairs/cna-vs-orcl.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cna-vs-orcl/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CNA correlations · ORCL correlations
