UNM vs. AFG
UNM (Unum Group) and AFG (American Financial Group, Inc.) are both stocks. Both are in the Financial Services sector — UNM in Insurance - Life, AFG in Insurance - Property & Casualty. Over the past 10 years, UNM returned 14.63%/yr vs 14.79%/yr for AFG. At a 0.43 correlation, their price movements are largely independent.
Performance
UNM vs. AFG - Performance Comparison
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Returns By Period
In the year-to-date period, UNM achieves a 18.29% return, which is significantly higher than AFG's 1.05% return. Both investments have delivered pretty close results over the past 10 years, with UNM having a 14.63% annualized return and AFG not far ahead at 14.79%.
UNM
- 1D
- 0.67%
- 1M
- 7.17%
- YTD
- 18.29%
- 6M
- 16.50%
- 1Y
- 17.00%
- 3Y*
- 28.90%
- 5Y*
- 30.60%
- 10Y*
- 14.63%
AFG
- 1D
- 1.07%
- 1M
- -1.46%
- YTD
- 1.05%
- 6M
- 0.12%
- 1Y
- 14.56%
- 3Y*
- 11.52%
- 5Y*
- 10.48%
- 10Y*
- 14.79%
UNM vs. AFG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UNM Unum Group | 18.29% | 8.56% | 66.31% | 13.72% | 73.56% | 11.87% | -16.22% | 2.63% | -45.22% | 27.19% |
AFG American Financial Group, Inc. | 1.05% | 5.45% | 23.79% | -7.61% | 10.91% | 93.83% | -16.18% | 27.10% | -13.04% | 29.20% |
Correlation
The correlation between UNM and AFG is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 1986 | 0.43 |
The correlation between UNM and AFG shifts across timeframes, from 0.43 (all time) to 0.59 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
UNM:
$14.89B
AFG:
$11.19B
UNM:
$4.61
AFG:
$10.54
UNM:
19.63
AFG:
12.74
UNM:
1.15
AFG:
1.37
UNM:
1.37
AFG:
2.39
UNM:
$13.30B
AFG:
$8.15B
UNM:
$4.51B
AFG:
$2.64B
UNM:
$1.24B
AFG:
$1.26B
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Return for Risk
UNM vs. AFG — Risk / Return Rank
UNM
AFG
UNM vs. AFG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Unum Group (UNM) and American Financial Group, Inc. (AFG). 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.
| UNM | AFG | 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 | 1.15 | 1.14 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.06 | 1.11 | -0.04 |
| Martin ratioReturn relative to average drawdown | 2.33 | 2.06 | +0.26 |
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Drawdowns
UNM vs. AFG - Drawdown Comparison
The maximum UNM drawdown since its inception was -89.38%, which is greater than AFG's maximum drawdown of -62.94%. Use the drawdown chart below to compare losses from any high point for UNM and AFG.
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Drawdown Indicators
| UNM | AFG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.38% | -62.94% | -26.44% |
Max Drawdown (1Y)Largest decline over 1 year | -16.04% | -13.19% | -2.85% |
Max Drawdown (3Y)Largest decline over 3 years | -17.94% | -19.85% | +1.91% |
Max Drawdown (5Y)Largest decline over 5 years | -21.99% | -23.85% | +1.86% |
Max Drawdown (10Y)Largest decline over 10 years | -81.06% | -58.98% | -22.08% |
Current DrawdownCurrent decline from peak | -2.32% | -5.21% | +2.89% |
Average DrawdownAverage peak-to-trough decline | -32.65% | -16.74% | -15.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.32% | 7.07% | +0.25% |
Volatility
UNM vs. AFG - Volatility Comparison
Unum Group (UNM) has a higher volatility of 5.52% compared to American Financial Group, Inc. (AFG) at 5.02%. This indicates that UNM's price experiences larger fluctuations and is considered to be riskier than AFG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UNM | AFG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.52% | 5.02% | +0.50% |
Volatility (6M)Calculated over the trailing 6-month period | 14.92% | 12.48% | +2.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.84% | 19.20% | +5.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.94% | 22.83% | +7.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.63% | 30.30% | +7.33% |
Dividends
UNM vs. AFG - Dividend Comparison
UNM's dividend yield for the trailing twelve months is around 2.03%, less than AFG's 5.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AFG American Financial Group, Inc. | 5.44% | 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 | 2.03% | 2.27% | 2.15% | 3.07% | 3.07% | 4.76% | 4.97% | 3.74% | 3.34% | 1.57% | 1.75% | 2.10% |
Financials
UNM vs. AFG - Financials Comparison
This section allows you to compare key financial metrics between Unum Group and American Financial Group, Inc.. 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
UNM vs. AFG - Profitability Comparison
UNM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Unum Group reported a gross profit of 1.35B and revenue of 3.36B. Therefore, the gross margin over that period was 40.3%.
AFG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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 - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Unum Group reported an operating income of 302.70M and revenue of 3.36B, resulting in an operating margin of 9.0%.
AFG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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 - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Unum Group reported a net income of 232.00M and revenue of 3.36B, resulting in a net margin of 6.9%.
AFG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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%.
Frequently Asked Questions
UNM and AFG have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UNM has higher volatility (5.52%) compared to AFG (5.02%). In terms of maximum drawdown, UNM dropped -89.38% vs AFG's -62.94%.
AFG currently has the higher Sharpe Ratio (0.76 vs 0.69), 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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