Employers Holdings, Inc. (EIG) — Stock Correlations & Overview
Over the past year, EIG has moved most closely with KIE, KBWP, DGICA. Explore the stocks most correlated and inversely correlated with EIG below, along with its price, financials, and company profile.
Stocks correlated with EIG
Correlation of daily returns. Higher positive values move with EIG; negative values move opposite it. Informational only, not investment advice.
Most correlated with EIG
| Symbol | Company | Correlation |
|---|---|---|
| KIE | State Street SPDR S&P Insurance ETF | 0.58 |
| KBWP | Invesco KBW Property & Casualty Insurance ETFINVESTMENT ADVICE | 0.58 |
| DGICA | Donegal Group IncFIRE, MARINE & CASUALTY INSURANCE | 0.56 |
| SIGI | Selective Insurance GroupFIRE, MARINE & CASUALTY INSURANCE | 0.56 |
| IAK | iShares U.S. Insurance ETF | 0.55 |
Most inversely correlated with EIG
| Symbol | Company | Correlation |
|---|---|---|
| CHAT | Roundhill Generative AI & Technology ETF | -0.34 |
| FSLR | First Solar, Inc.SEMICONDUCTORS & RELATED DEVICES | -0.31 |
| FAZ | Direxion Daily Financial Bear 3x ETF | -0.31 |
| CRDO | Credo Technology Group Holding Ltd Ordinary SharesSEMICONDUCTORS & RELATED DEVICES | -0.31 |
| DARP | Grizzle Growth ETF | -0.31 |
Frequently asked questions about EIG correlations
- Which stocks are most correlated with EIG?
- Based on one year of daily returns, the stocks most correlated with Employers Holdings, Inc. (EIG) are KIE (0.58), KBWP (0.58) and DGICA (0.56). 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 EIG?
- Over the past year, the stocks most inversely correlated with Employers Holdings, Inc. (EIG) are CHAT (-0.34), FSLR (-0.31) and FAZ (-0.31). 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 EIG correlations calculated?
- We compute the correlation of daily returns between EIG 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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