BAC vs SYF: Correlation
Measured on weekly returns over the past three years, Bank of America (BAC) and Synchrony Financial (SYF) carry a correlation of 0.77, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BAC and SYF?
On 3 years of weekly data the BAC/SYF correlation comes out at 0.77, strong. Recent behaviour matches the longer record: 0.70 over 1 year against 0.77 over 3. The 5-year figure is 0.73, and annualized covariance runs at 644.2 %².
By 3-year correlation, SYF places #17 of the 45 assets tracked against BAC. The last year tells two different stories: BAC led by 16.8 percentage points, +24.1% for BAC against +7.3% for SYF. Across three years, the rolling one-year figure varied moderately, from 0.60 to 0.89.
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.
BAC vs SYF: side by side
| BAC (Bank of America) | SYF (Synchrony Financial) | |
|---|---|---|
| 1-year return | +24.1% | +7.3% |
| 5-year return | +66.0% | +81.0% |
| Volatility (ann.) | 26.5% | 31.6% |
| Beta vs S&P 500 | 1.11 | 1.28 |
| Max drawdown (3Y) | -27.5% | -37.7% |
| Market cap | $427.7B | $26.0B |
| P/E (trailing) | 14.1 | 8.2 |
| Dividend yield | 1.80% | 1.50% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | BAC | SYF |
|---|---|---|
| 2022 | -23.8% | -27.4% |
| 2023 | +4.8% | +19.8% |
| 2024 | +33.9% | +74.0% |
| 2025 | +28.0% | +30.6% |
| 2026 | +12.4% | -3.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BAC and SYF good diversifiers for each other?
To a limited degree. At 0.77 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 BAC and SYF?
As of 2026-08-27, the correlation of weekly returns between BAC and SYF is 0.77 over 3 years, 0.70 over 1 year and 0.73 over 5 years.
Is SYF a good diversifier for BAC?
To a limited degree. At 0.77 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 0.77 mean?
On the −1 to +1 scale, 0.77 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/bac-vs-syf.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bac-vs-syf/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BAC correlations · SYF correlations
