HIG vs ORI: Correlation
Measured on weekly returns over the past three years, Hartford (The) (HIG) and Old Republic International Corporation (ORI) carry a correlation of 0.69, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HIG and ORI?
Over the past 3 years, HIG and ORI moved with a correlation of 0.69, which is strong. Recent behaviour matches the longer record: 0.64 over 1 year against 0.69 over 3. Over 5 years the correlation is 0.66, and the annualized covariance of weekly returns is 284.5 %².
By 3-year correlation, ORI places #8 of the 49 assets tracked against HIG. On 12-month performance ORI holds a 9.6-point edge, +5.4% against +15.0%.
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.
HIG vs ORI: side by side
| HIG (Hartford (The)) | ORI (Old Republic International Corporation) | |
|---|---|---|
| 1-year return | +5.4% | +15.0% |
| 5-year return | +127.4% | +137.4% |
| Volatility (ann.) | 19.5% | 21.1% |
| Beta vs S&P 500 | 0.39 | 0.28 |
| Max drawdown (3Y) | -13.7% | -16.2% |
| Market cap | $37.3B | $10.2B |
| P/E (trailing) | 9.7 | 9.3 |
| Dividend yield | 1.66% | 2.85% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | HIG | ORI |
|---|---|---|
| 2022 | +12.3% | +6.7% |
| 2023 | +8.5% | +26.3% |
| 2024 | +38.5% | +27.1% |
| 2025 | +28.1% | +37.5% |
| 2026 | +0.9% | -0.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HIG and ORI good diversifiers for each other?
To a limited degree. At 0.69 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 HIG and ORI?
Using weekly returns as of 2026-08-27: 0.69 over 3 years, with 0.64 over the last year and 0.66 over 5 years.
Is ORI a good diversifier for HIG?
To a limited degree. At 0.69 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 0.69 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/hig-vs-ori.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hig-vs-ori/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HIG correlations · ORI correlations
