HIG vs WTW: Correlation
How closely do Hartford (The) (HIG) and Willis Towers Watson (WTW) trade together? Their weekly returns over three years give a correlation of 0.46, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HIG and WTW?
Over the past 3 years, HIG and WTW moved with a correlation of 0.46, which is moderate. Little has changed lately, as the 1-year reading of 0.41 lands near the 3-year figure. Over 5 years the correlation is 0.50, and the annualized covariance of weekly returns is 208.3 %².
Among the 49 assets we track against HIG, WTW ranks #28 by 3-year correlation. Twelve-month performance is nearly a tie, at +5.4% for HIG and +4.2% for WTW. On a rolling one-year basis the correlation drifted between 0.28 and 0.68, 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.
HIG vs WTW: side by side
| HIG (Hartford (The)) | WTW (Willis Towers Watson) | |
|---|---|---|
| 1-year return | +5.4% | +4.2% |
| 5-year return | +127.4% | +68.3% |
| Volatility (ann.) | 19.5% | 23.5% |
| Beta vs S&P 500 | 0.39 | 0.32 |
| Max drawdown (3Y) | -13.7% | -30.4% |
| Market cap | $37.3B | $31.5B |
| P/E (trailing) | 9.7 | 21.2 |
| Dividend yield | 1.66% | 0.55% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | HIG | WTW |
|---|---|---|
| 2022 | +12.3% | +4.5% |
| 2023 | +8.5% | +0.1% |
| 2024 | +38.5% | +31.5% |
| 2025 | +28.1% | +6.1% |
| 2026 | +0.9% | +4.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HIG and WTW good diversifiers for each other?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between HIG and WTW?
The HIG/WTW correlation stands at 0.46 on a 3-year window (1 year: 0.41, 5 years: 0.50), computed from weekly returns as of 2026-08-27.
Is WTW a good diversifier for HIG?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.46 mean?
On the −1 to +1 scale, 0.46 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-wtw.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hig-vs-wtw/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: HIG correlations · WTW correlations
