CINF vs. AFL
CINF (Cincinnati Financial Corporation) and AFL (Aflac Incorporated) are both stocks. Both are in the Financial Services sector — CINF in Insurance - Property & Casualty, AFL in Insurance - Life. Over the past 10 years, CINF returned 12.15%/yr vs 15.69%/yr for AFL. At a 0.47 correlation, their price movements are largely independent.
Performance
CINF vs. AFL - Performance Comparison
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Returns By Period
In the year-to-date period, CINF achieves a 3.66% return, which is significantly lower than AFL's 6.72% return. Over the past 10 years, CINF has underperformed AFL with an annualized return of 12.15%, while AFL has yielded a comparatively higher 15.69% annualized return.
CINF
- 1D
- 1.12%
- 1M
- 2.75%
- YTD
- 3.66%
- 6M
- 3.13%
- 1Y
- 17.12%
- 3Y*
- 20.79%
- 5Y*
- 9.35%
- 10Y*
- 12.15%
AFL
- 1D
- -0.56%
- 1M
- 0.77%
- YTD
- 6.72%
- 6M
- 8.11%
- 1Y
- 17.35%
- 3Y*
- 21.79%
- 5Y*
- 18.33%
- 10Y*
- 15.69%
CINF vs. AFL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CINF Cincinnati Financial Corporation | 3.66% | 16.27% | 42.48% | 4.00% | -7.89% | 33.28% | -14.15% | 38.87% | 6.25% | 2.34% |
AFL Aflac Incorporated | 6.72% | 8.94% | 28.08% | 17.36% | 26.41% | 34.55% | -13.60% | 18.55% | 6.20% | 29.02% |
Correlation
The correlation between CINF and AFL is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 1990 | 0.47 |
The correlation between CINF and AFL shifts across timeframes, from 0.47 (all time) to 0.67 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
CINF:
$23.30
AFL:
$8.76
CINF:
7.22
AFL:
13.30
CINF:
0.21
AFL:
3.45
CINF:
1.54
AFL:
3.38
CINF:
$12.92B
AFL:
$18.22B
CINF:
$5.39B
AFL:
$8.70B
CINF:
$3.27B
AFL:
$6.67B
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Return for Risk
CINF vs. AFL — Risk / Return Rank
CINF
AFL
CINF vs. AFL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cincinnati Financial Corporation (CINF) and Aflac Incorporated (AFL). 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.
| CINF | AFL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.15 | ||
| Sortino ratioReturn per unit of downside risk | -0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.18 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.64 | 1.91 | -0.27 |
| Martin ratioReturn relative to average drawdown | 4.26 | 4.75 | -0.48 |
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Drawdowns
CINF vs. AFL - Drawdown Comparison
The maximum CINF drawdown since its inception was -59.64%, smaller than the maximum AFL drawdown of -82.71%. Use the drawdown chart below to compare losses from any high point for CINF and AFL.
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Drawdown Indicators
| CINF | AFL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.64% | -82.71% | +23.07% |
Max Drawdown (1Y)Largest decline over 1 year | -10.46% | -9.11% | -1.35% |
Max Drawdown (3Y)Largest decline over 3 years | -20.03% | -13.56% | -6.47% |
Max Drawdown (5Y)Largest decline over 5 years | -35.77% | -19.86% | -15.91% |
Max Drawdown (10Y)Largest decline over 10 years | -58.12% | -54.89% | -3.23% |
Current DrawdownCurrent decline from peak | -1.94% | -1.51% | -0.43% |
Average DrawdownAverage peak-to-trough decline | -12.19% | -11.65% | -0.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.03% | 3.66% | +0.37% |
Volatility
CINF vs. AFL - Volatility Comparison
Cincinnati Financial Corporation (CINF) has a higher volatility of 6.03% compared to Aflac Incorporated (AFL) at 5.58%. This indicates that CINF's price experiences larger fluctuations and is considered to be riskier than AFL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CINF | AFL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.03% | 5.58% | +0.45% |
Volatility (6M)Calculated over the trailing 6-month period | 13.81% | 12.26% | +1.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.75% | 17.06% | +2.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.70% | 20.94% | +4.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.81% | 25.76% | +3.05% |
Dividends
CINF vs. AFL - Dividend Comparison
CINF's dividend yield for the trailing twelve months is around 2.11%, more than AFL's 2.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AFL Aflac Incorporated | 2.04% | 2.10% | 1.93% | 2.04% | 2.22% | 2.26% | 2.52% | 2.04% | 2.28% | 1.98% | 2.39% | 2.64% |
CINF Cincinnati Financial Corporation | 2.11% | 2.13% | 2.25% | 2.90% | 2.70% | 2.21% | 2.75% | 2.13% | 2.74% | 3.33% | 2.53% | 3.89% |
Financials
CINF vs. AFL - Financials Comparison
This section allows you to compare key financial metrics between Cincinnati Financial Corporation and Aflac Incorporated. 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
CINF vs. AFL - Profitability Comparison
CINF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cincinnati Financial Corporation reported a gross profit of 0.00 and revenue of 2.86B. Therefore, the gross margin over that period was 0.0%.
AFL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Aflac Incorporated reported a gross profit of 2.48B and revenue of 4.32B. Therefore, the gross margin over that period was 57.5%.
CINF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cincinnati Financial Corporation reported an operating income of 0.00 and revenue of 2.86B, resulting in an operating margin of 0.0%.
AFL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Aflac Incorporated reported an operating income of 1.23B and revenue of 4.32B, resulting in an operating margin of 28.4%.
CINF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cincinnati Financial Corporation reported a net income of 274.00M and revenue of 2.86B, resulting in a net margin of 9.6%.
AFL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Aflac Incorporated reported a net income of 1.02B and revenue of 4.32B, resulting in a net margin of 23.6%.
Frequently Asked Questions
CINF and AFL have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CINF has higher volatility (6.03%) compared to AFL (5.58%). In terms of maximum drawdown, CINF dropped -59.64% vs AFL's -82.71%.
AFL currently has the higher Sharpe Ratio (1.02 vs 0.87), 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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