AIG vs. RYAN

Last updated Jun 4, 2026

AIG (American International Group, Inc.) and RYAN (Ryan Specialty Group Holdings, Inc.) are both stocks. Both are in the Financial Services sector — AIG in Insurance - Diversified, RYAN in Insurance - Specialty. Over the past 3 years, AIG returned 11.98%/yr vs -8.86%/yr for RYAN. At a 0.32 correlation, their price movements are largely independent.

Performance

AIG vs. RYAN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American International Group, Inc. (AIG) and Ryan Specialty Group Holdings, Inc. (RYAN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIG achieves a -14.70% return, which is significantly higher than RYAN's -39.78% return.

AIG

• 1D: -1.69%
• 1M: -6.46%
• YTD: -14.70%
• 6M: -4.81%
• 1Y: -13.29%
• 3Y*: 11.98%
• 5Y*: 8.75%
• 10Y*: 4.99%

RYAN

• 1D: -4.43%
• 1M: 4.48%
• YTD: -39.78%
• 6M: -45.31%
• 1Y: -56.08%
• 3Y*: -8.86%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AIG vs. RYAN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AIG American International Group, Inc.	-14.70%	20.03%	9.75%	9.79%	13.76%	20.97%
RYAN Ryan Specialty Group Holdings, Inc.	-39.78%	-18.92%	50.88%	3.64%	2.87%	46.73%

Correlation

The correlation between AIG and RYAN is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (All Time) Calculated using the full available price history since Jul 23, 2021	0.32

Fundamentals

EPS AIG : $4.25 RYAN : $0.64
PE Ratio AIG : 17.06 RYAN : 48.42
PS Ratio AIG : 2.05 RYAN : 2.02
Total Revenue (TTM) AIG : $20.00B RYAN : $3.16B
Gross Profit (TTM) AIG : $7.09B RYAN : $2.19B
EBITDA (TTM) AIG : $5.81B RYAN : $726.81M

Return for Risk

AIG vs. RYAN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AIG

AIG Risk / Return Rank: 14
AIG Sharpe Ratio Rank: 16
AIG Sortino Ratio Rank: 17
AIG Omega Ratio Rank: 16
AIG Calmar Ratio Rank: 11
AIG Martin Ratio Rank: 8

RYAN

RYAN Risk / Return Rank: 2
RYAN Sharpe Ratio Rank: 1
RYAN Sortino Ratio Rank: 1
RYAN Omega Ratio Rank: 2
RYAN Calmar Ratio Rank: 2
RYAN Martin Ratio Rank: 2

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AIG vs. RYAN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American International Group, Inc. (AIG) and Ryan Specialty Group Holdings, Inc. (RYAN). 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.

	AIG	RYAN	Difference
Sharpe ratio Return per unit of total volatility	-0.56	-1.42	+0.86
Sortino ratio Return per unit of downside risk	-0.65	-2.30	+1.65
Omega ratio Gain probability vs. loss probability	0.92	0.71	+0.21
Calmar ratio Return relative to maximum drawdown	-0.79	-0.97	+0.19
Martin ratio Return relative to average drawdown	-1.37	-1.73	+0.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AIG vs. RYAN - Sharpe Ratio Comparison

The current AIG Sharpe Ratio is -0.56, which is higher than the RYAN Sharpe Ratio of -1.42. The chart below compares the historical Sharpe Ratios of AIG and RYAN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AIG	RYAN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.56	-1.42	+0.86
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.33	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.15	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.05	0.09	-0.04

Drawdowns

AIG vs. RYAN - Drawdown Comparison

The maximum AIG drawdown since its inception was -99.64%, which is greater than RYAN's maximum drawdown of -60.94%. Use the drawdown chart below to compare losses from any high point for AIG and RYAN.

Drawdown Indicators

	AIG	RYAN	Difference
Max Drawdown Largest peak-to-trough decline	-99.64%	-60.94%	-38.70%
Max Drawdown (1Y) Largest decline over 1 year	-16.98%	-57.75%	+40.77%
Max Drawdown (3Y) Largest decline over 3 years	-16.98%	-60.94%	+43.96%
Max Drawdown (5Y) Largest decline over 5 years	-26.45%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-69.58%	—	—
Current Drawdown Current decline from peak	-94.10%	-58.81%	-35.29%
Average Drawdown Average peak-to-trough decline	-51.21%	-12.29%	-38.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.70%	33.13%	-23.43%

Volatility

AIG vs. RYAN - Volatility Comparison

The current volatility for American International Group, Inc. (AIG) is 5.70%, while Ryan Specialty Group Holdings, Inc. (RYAN) has a volatility of 14.73%. This indicates that AIG experiences smaller price fluctuations and is considered to be less risky than RYAN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIG	RYAN	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.70%	14.73%	-9.03%
Volatility (6M) Calculated over the trailing 6-month period	18.27%	33.29%	-15.02%
Volatility (1Y) Calculated over the trailing 1-year period	23.63%	39.55%	-15.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.58%	34.38%	-7.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.59%	34.38%	-1.79%

Dividends

AIG vs. RYAN - Dividend Comparison

AIG's dividend yield for the trailing twelve months is around 2.48%, more than RYAN's 1.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AIG American International Group, Inc.	2.48%	2.05%	2.14%	2.07%	2.02%	2.25%	3.38%	2.49%	3.25%	2.15%	1.96%	1.31%
RYAN Ryan Specialty Group Holdings, Inc.	1.62%	0.93%	1.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both AIG and RYAN in my portfolio?

AIG and RYAN have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AIG or RYAN?

RYAN has higher volatility (14.73%) compared to AIG (5.70%). In terms of maximum drawdown, AIG dropped -99.64% vs RYAN's -60.94%.

Which has better risk-adjusted returns?

AIG currently has the higher Sharpe Ratio (-0.56 vs -1.42), 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.