BFH vs OMF: Correlation
Measured on weekly returns over the past three years, Bread Financial Holdings, Inc. (BFH) and OneMain Holdings, Inc. (OMF) carry a correlation of 0.72, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BFH and OMF?
Across a 3-year window, the weekly returns of BFH and OMF correlate at 0.72, strong. Lately the two have drifted apart, with the 1-year correlation at 0.61 versus 0.72 over 3 years. Stretching to 5 years gives 0.74, with an annualized covariance of 967.2 %².
OMF is one of the assets that tracks BFH most closely: it ranks #2 out of the 11 assets we track against BFH. Their recent paths diverged sharply: over the last 12 months BFH outperformed by 55.0 percentage points (+66.8% for BFH against +11.8% for OMF).
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.
BFH vs OMF: side by side
| BFH (Bread Financial Holdings, Inc.) | OMF (OneMain Holdings, Inc.) | |
|---|---|---|
| 1-year return | +66.8% | +11.8% |
| 5-year return | +55.9% | +68.1% |
| Volatility (ann.) | 42.0% | 31.8% |
| Beta vs S&P 500 | 1.26 | 1.27 |
| Max drawdown (3Y) | -36.7% | -29.9% |
| Market cap | $4.2B | $7.3B |
| P/E (trailing) | 8.3 | 9.5 |
| Dividend yield | 0.84% | 6.64% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BFH | OMF |
|---|---|---|
| 2022 | -42.4% | -27.2% |
| 2023 | -10.2% | +63.0% |
| 2024 | +89.0% | +15.1% |
| 2025 | +23.1% | +39.8% |
| 2026 | +46.7% | -0.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BFH and OMF good diversifiers for each other?
To a limited degree. At 0.72 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 BFH and OMF?
The BFH/OMF correlation stands at 0.72 on a 3-year window (1 year: 0.61, 5 years: 0.74), computed from weekly returns as of 2026-08-27.
Is OMF a good diversifier for BFH?
To a limited degree. At 0.72 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 0.72 mean?
On the −1 to +1 scale, 0.72 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/bfh-vs-omf.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bfh-vs-omf/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BFH correlations · OMF correlations
