Which stocks are most correlated with AFG?

Based on one year of daily returns, the stocks most correlated with American Financial Group, Inc. (AFG) are IAK (0.68), KIE (0.67) and THG (0.66). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.

Which stocks are inversely correlated with AFG?

Over the past year, the stocks most inversely correlated with American Financial Group, Inc. (AFG) are REK (-0.35), SKRE (-0.35) and DRV (-0.34). A negative correlation means the two stocks have tended to move in opposite directions.

American Financial Group, Inc. (AFG) — Stock Correlations & Overview

Over the past year, AFG has moved most closely with IAK, KIE, THG. Explore the stocks most correlated and inversely correlated with AFG below, along with its price, financials, and company profile.

Stocks correlated with AFG

Correlation of daily returns. Higher positive values move with AFG; negative values move opposite it. Informational only, not investment advice.

Most correlated with AFG

Symbol	Company	Correlation
IAK	iShares U.S. Insurance ETF	0.68
KIE	State Street SPDR S&P Insurance ETF	0.67
THG	The Hanover Insurance Group, Inc.FIRE, MARINE & CASUALTY INSURANCE	0.66
KBWP	Invesco KBW Property & Casualty Insurance ETFINVESTMENT ADVICE	0.64
HIG	The Hartford Insurance Group, Inc.FIRE, MARINE & CASUALTY INSURANCE	0.61

Most inversely correlated with AFG

Symbol	Company	Correlation
REK	ProShares Short Real Estate	-0.35
SKRE	Tuttle Capital Daily 2X Inverse Regional Banks ETF	-0.35
DRV	Direxion Daily Real Estate Bear 3X ETF	-0.34
FAZ	Direxion Daily Financial Bear 3x ETF	-0.33
SRS	ProShares UltraShort Real Estate	-0.33

Frequently asked questions about AFG correlations

Which stocks are most correlated with AFG?: Based on one year of daily returns, the stocks most correlated with American Financial Group, Inc. (AFG) are IAK (0.68), KIE (0.67) and THG (0.66). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
Which stocks are inversely correlated with AFG?: Over the past year, the stocks most inversely correlated with American Financial Group, Inc. (AFG) are REK (-0.35), SKRE (-0.35) and DRV (-0.34). A negative correlation means the two stocks have tended to move in opposite directions.
What does a correlation of 0.8 mean for a stock?: Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
How are these AFG correlations calculated?: We compute the correlation of daily returns between AFG and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.

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