HIG vs RLI: Correlation
Measured on weekly returns over the past three years, Hartford (The) (HIG) and RLI Corp. (RLI) carry a correlation of 0.59, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HIG and RLI?
Across a 3-year window, the weekly returns of HIG and RLI correlate at 0.59, moderate. Little has changed lately, as the 1-year reading of 0.59 lands near the 3-year figure. Stretching to 5 years gives 0.53, with an annualized covariance of 254.9 %².
Within HIG's tracked universe of 49 assets, RLI comes in at #19 by 3-year correlation. Their 12-month results are close: +5.4% for HIG against +1.9% for RLI.
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 RLI: side by side
| HIG (Hartford (The)) | RLI (RLI Corp.) | |
|---|---|---|
| 1-year return | +5.4% | +1.9% |
| 5-year return | +127.4% | +46.7% |
| Volatility (ann.) | 19.5% | 22.2% |
| Beta vs S&P 500 | 0.39 | 0.18 |
| Max drawdown (3Y) | -13.7% | -43.5% |
| Market cap | $37.3B | $5.9B |
| P/E (trailing) | 9.7 | 13.5 |
| Dividend yield | 1.66% | 1.02% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | HIG | RLI |
|---|---|---|
| 2022 | +12.3% | +24.8% |
| 2023 | +8.5% | +3.8% |
| 2024 | +38.5% | +27.6% |
| 2025 | +28.1% | -19.1% |
| 2026 | +0.9% | +5.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HIG and RLI good diversifiers for each other?
Somewhat, no more. With 0.59 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between HIG and RLI?
Using weekly returns as of 2026-08-27: 0.59 over 3 years, with 0.59 over the last year and 0.53 over 5 years.
Is RLI a good diversifier for HIG?
Somewhat, no more. With 0.59 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.59 mean?
On the −1 to +1 scale, 0.59 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/hig-vs-rli.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/hig-vs-rli/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HIG correlations · RLI correlations
