TRV vs WRB: Correlation
Travelers Companies (The) (TRV) and W. R. Berkley Corporation (WRB) show a strong relationship: their 3-year correlation of weekly returns is 0.62.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TRV and WRB?
Over the past 3 years, TRV and WRB moved with a correlation of 0.62, which is strong. The relationship has been stable: the 1-year correlation (0.64) sits close to the 3-year figure. Over 5 years the correlation is 0.62, and the annualized covariance of weekly returns is 287.9 %².
Among the 29 assets we track against TRV, WRB ranks #6 by 3-year correlation. The last year tells two different stories: TRV led by 39.8 percentage points, +37.8% for TRV against -2.0% for WRB. Across three years, the rolling one-year figure varied moderately, from 0.34 to 0.67.
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.
TRV vs WRB: side by side
| TRV (Travelers Companies (The)) | WRB (W. R. Berkley Corporation) | |
|---|---|---|
| 1-year return | +37.8% | -2.0% |
| 5-year return | +155.3% | +130.5% |
| Volatility (ann.) | 20.8% | 22.5% |
| Beta vs S&P 500 | 0.36 | 0.19 |
| Max drawdown (3Y) | -12.5% | -17.6% |
| Market cap | $77.0B | $25.4B |
| P/E (trailing) | 10.0 | 14.1 |
| Dividend yield | 1.23% | 0.54% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | TRV | WRB |
|---|---|---|
| 2022 | +22.4% | +33.9% |
| 2023 | +3.9% | +0.2% |
| 2024 | +28.8% | +27.2% |
| 2025 | +22.4% | +23.0% |
| 2026 | +28.3% | -1.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TRV and WRB good diversifiers for each other?
To a limited degree. At 0.62 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 TRV and WRB?
As of 2026-08-27, the correlation of weekly returns between TRV and WRB is 0.62 over 3 years, 0.64 over 1 year and 0.62 over 5 years.
Is WRB a good diversifier for TRV?
To a limited degree. At 0.62 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 0.62 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/trv-vs-wrb.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/trv-vs-wrb/)
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Related comparisons
Hubs: TRV correlations · WRB correlations
