AXP vs OMF: Correlation
Measured on weekly returns over the past three years, American Express (AXP) and OneMain Holdings, Inc. (OMF) carry a correlation of 0.71, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AXP and OMF?
Over the past 3 years, AXP and OMF moved with a correlation of 0.71, which is strong. Lately the two have drifted apart, with the 1-year correlation at 0.60 versus 0.71 over 3 years. Over 5 years the correlation is 0.68, and the annualized covariance of weekly returns is 597.7 %².
By 3-year correlation, OMF places #8 of the 35 assets tracked against AXP. Over the last 12 months OMF came out ahead by 7.1 percentage points (+4.7% against +11.8%).
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.
AXP vs OMF: side by side
| AXP (American Express) | OMF (OneMain Holdings, Inc.) | |
|---|---|---|
| 1-year return | +4.7% | +11.8% |
| 5-year return | +116.2% | +68.1% |
| Volatility (ann.) | 26.6% | 31.8% |
| Beta vs S&P 500 | 1.20 | 1.27 |
| Max drawdown (3Y) | -28.8% | -29.9% |
| Market cap | $225.7B | $7.3B |
| P/E (trailing) | 20.4 | 9.5 |
| Dividend yield | 1.05% | 6.64% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | AXP | OMF |
|---|---|---|
| 2022 | -8.5% | -27.2% |
| 2023 | +28.7% | +63.0% |
| 2024 | +60.3% | +15.1% |
| 2025 | +26.0% | +39.8% |
| 2026 | -8.9% | -0.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AXP and OMF good diversifiers for each other?
To a limited degree. At 0.71 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between AXP and OMF?
As of 2026-08-27, the correlation of weekly returns between AXP and OMF is 0.71 over 3 years, 0.60 over 1 year and 0.68 over 5 years.
Is OMF a good diversifier for AXP?
To a limited degree. At 0.71 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.71 mean?
On the −1 to +1 scale, 0.71 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/axp-vs-omf.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/axp-vs-omf/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AXP correlations · OMF correlations
