ALLY vs RF: Correlation
Ally Financial Inc. (ALLY) and Regions Financial Corporation (RF) show a strong relationship: their 3-year correlation of weekly returns is 0.73.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALLY and RF?
On 3 years of weekly data the ALLY/RF correlation comes out at 0.73, strong. Recent behaviour matches the longer record: 0.63 over 1 year against 0.73 over 3. The 5-year figure is 0.70, and annualized covariance runs at 739.9 %².
Within ALLY's tracked universe of 14 assets, RF comes in at #4 by 3-year correlation. The trailing year gives RF the advantage: +7.1% versus +15.4%, a 8.3-point spread.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
ALLY vs RF: side by side
| ALLY (Ally Financial Inc.) | RF (Regions Financial Corporation) | |
|---|---|---|
| 1-year return | +7.1% | +15.4% |
| 5-year return | -2.7% | +83.5% |
| Volatility (ann.) | 34.5% | 29.2% |
| Beta vs S&P 500 | 1.22 | 1.09 |
| Max drawdown (3Y) | -31.6% | -31.9% |
| Market cap | $13.0B | $25.9B |
| P/E (trailing) | 10.0 | 12.4 |
| Dividend yield | 2.82% | 3.45% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | ALLY | RF |
|---|---|---|
| 2022 | -46.9% | +2.3% |
| 2023 | +49.2% | -5.7% |
| 2024 | +6.4% | +27.0% |
| 2025 | +29.9% | +20.2% |
| 2026 | -3.6% | +14.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALLY and RF good diversifiers for each other?
Only partially. A correlation of 0.73 means ALLY and RF share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between ALLY and RF?
As of 2026-08-27, the correlation of weekly returns between ALLY and RF is 0.73 over 3 years, 0.63 over 1 year and 0.70 over 5 years.
Is RF a good diversifier for ALLY?
Only partially. A correlation of 0.73 means ALLY and RF share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.73 mean?
On the −1 to +1 scale, 0.73 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ally-vs-rf.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ally-vs-rf/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ALLY correlations · RF correlations
