AFG vs. UNM
AFG (American Financial Group, Inc.) and UNM (Unum Group) are both stocks. Both are in the Financial Services sector — AFG in Insurance - Property & Casualty, UNM in Insurance - Life. Over the past 10 years, AFG returned 15.45%/yr vs 13.70%/yr for UNM. Their 0.43 correlation means their historical movements had little consistent relationship.
Performance
AFG vs. UNM - Performance Comparison
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Returns By Period
In the year-to-date period, AFG achieves a 10.78% return, which is significantly lower than UNM's 17.01% return. Over the past 10 years, AFG has outperformed UNM with an annualized return of 15.45%, while UNM has yielded a comparatively lower 13.70% annualized return.
AFG
- 1D
- 4.36%
- 1M
- 3.96%
- 6M
- 19.20%
- YTD
- 10.78%
- 1Y
- 24.30%
- 3Y*
- 16.32%
- 5Y*
- 10.76%
- 10Y*
- 15.45%
- ALL TIME*
- 10.28%
UNM
- 1D
- -2.53%
- 1M
- 0.10%
- 6M
- 17.11%
- YTD
- 17.01%
- 1Y
- 30.31%
- 3Y*
- 24.14%
- 5Y*
- 31.22%
- 10Y*
- 13.70%
- ALL TIME*
- 8.91%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $58.42M | $58.82M | $64.97M | |
UNM Unum Group | $169.55M | $136.33M | $126.80M |
AFG vs. UNM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AFG American Financial Group, Inc. | 10.78% | 5.45% | 23.79% | -7.61% | 10.91% | 93.83% | -16.18% | 27.10% | -13.04% | 29.20% |
UNM Unum Group | 17.01% | 8.56% | 66.31% | 13.72% | 73.56% | 11.87% | -16.22% | 2.63% | -45.22% | 27.19% |
Correlation
The correlation between AFG and UNM is 0.39, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.39 |
Correlation (3Y) Balances recent behavior with more history. | 0.48 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.54 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.59 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 1986 | 0.43 |
The correlation between AFG and UNM shifts across timeframes, from 0.39 (1 year) to 0.59 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
AFG:
$12.19B
UNM:
$14.10B
AFG:
$10.54
UNM:
$4.24
AFG:
13.92
UNM:
21.01
AFG:
1.50
UNM:
1.11
AFG:
2.61
UNM:
1.48
AFG:
$8.15B
UNM:
$13.25B
AFG:
$2.64B
UNM:
$4.73B
AFG:
$1.26B
UNM:
$1.21B
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Return for Risk
AFG vs. UNM — Risk / Return Rank
AFG
UNM
AFG vs. UNM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Financial Group, Inc. (AFG) and Unum Group (UNM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AFG | UNM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.25 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.85 | 2.64 | -0.79 |
| Martin ratioReturn relative to average drawdown | 3.44 | 6.59 | -3.15 |
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Drawdowns
AFG vs. UNM - Drawdown Comparison
The maximum AFG drawdown since its inception was -62.94%, smaller than the maximum UNM drawdown of -89.38%. Use the drawdown chart below to compare losses from any high point for AFG and UNM.
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Drawdown Indicators
| AFG | UNM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.94% | -89.38% | +26.44% |
Max Drawdown (1Y)Largest decline over 1 year | -13.19% | -11.55% | -1.64% |
Max Drawdown (3Y)Largest decline over 3 years | -19.85% | -17.94% | -1.91% |
Max Drawdown (5Y)Largest decline over 5 years | -23.85% | -20.95% | -2.90% |
Max Drawdown (10Y)Largest decline over 10 years | -58.98% | -81.06% | +22.08% |
Current DrawdownCurrent decline from peak | 0.00% | -3.37% | +3.37% |
Average DrawdownAverage peak-to-trough decline | -16.70% | -32.56% | +15.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.07% | 4.61% | +2.46% |
Volatility
AFG vs. UNM - Volatility Comparison
The current volatility for American Financial Group, Inc. (AFG) is 6.46%, while Unum Group (UNM) has a volatility of 9.51%. This indicates that AFG experiences smaller price fluctuations and is considered to be less risky than UNM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AFG | UNM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.46% | 9.51% | -3.05% |
Volatility (6M)Calculated over the trailing 6-month period | 13.46% | 17.38% | -3.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.37% | 22.81% | -3.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.80% | 29.62% | -6.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.30% | 37.47% | -7.17% |
Dividends
AFG vs. UNM - Dividend Comparison
AFG's dividend yield for the trailing twelve months is around 4.78%, more than UNM's 2.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AFG American Financial Group, Inc. | 4.78% | 5.33% | 6.89% | 6.81% | 10.42% | 20.43% | 4.39% | 4.51% | 4.92% | 4.41% | 2.44% | 2.82% |
UNM Unum Group | 2.12% | 2.27% | 2.15% | 3.07% | 3.07% | 4.76% | 4.97% | 3.74% | 3.34% | 1.57% | 1.75% | 2.10% |
Financials
AFG vs. UNM - Financials Comparison
This section allows you to compare key financial metrics between American Financial Group, Inc. and Unum Group. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
AFG vs. UNM - Profitability Comparison
AFG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, American Financial Group, Inc. reported a gross profit of 948.00M and revenue of 1.85B. Therefore, the gross margin over that period was 51.1%.
UNM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Unum Group reported a gross profit of 1.29B and revenue of 3.29B. Therefore, the gross margin over that period was 39.2%.
AFG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, American Financial Group, Inc. reported an operating income of 239.00M and revenue of 1.85B, resulting in an operating margin of 12.9%.
UNM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Unum Group reported an operating income of 329.50M and revenue of 3.29B, resulting in an operating margin of 10.0%.
AFG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, American Financial Group, Inc. reported a net income of 191.00M and revenue of 1.85B, resulting in a net margin of 10.3%.
UNM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Unum Group reported a net income of 256.90M and revenue of 3.29B, resulting in a net margin of 7.8%.
Frequently Asked Questions
AFG and UNM have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UNM has higher volatility (9.51%) compared to AFG (6.46%). In terms of maximum drawdown, AFG dropped -62.94% vs UNM's -89.38%.
UNM currently has the higher Sharpe Ratio (1.33 vs 1.26), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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