BFH vs SYF: Correlation
Measured on weekly returns over the past three years, Bread Financial Holdings, Inc. (BFH) and Synchrony Financial (SYF) carry a correlation of 0.79, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BFH and SYF?
Across a 3-year window, the weekly returns of BFH and SYF correlate at 0.79, strong. Little has changed lately, as the 1-year reading of 0.77 lands near the 3-year figure. Stretching to 5 years gives 0.78, with an annualized covariance of 1052.0 %².
Few assets follow BFH as closely as SYF, which ranks #1 of 11 tracked partners. Correlation aside, the last 12 months split them widely, with BFH ahead by 59.5 points (+66.8% versus +7.3%).
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 SYF: side by side
| BFH (Bread Financial Holdings, Inc.) | SYF (Synchrony Financial) | |
|---|---|---|
| 1-year return | +66.8% | +7.3% |
| 5-year return | +55.9% | +81.0% |
| Volatility (ann.) | 42.0% | 31.6% |
| Beta vs S&P 500 | 1.26 | 1.28 |
| Max drawdown (3Y) | -36.7% | -37.7% |
| Market cap | $4.2B | $26.0B |
| P/E (trailing) | 8.3 | 8.2 |
| Dividend yield | 0.84% | 1.50% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | BFH | SYF |
|---|---|---|
| 2022 | -42.4% | -27.4% |
| 2023 | -10.2% | +19.8% |
| 2024 | +89.0% | +74.0% |
| 2025 | +23.1% | +30.6% |
| 2026 | +46.7% | -3.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BFH and SYF good diversifiers for each other?
Only partially. A correlation of 0.79 means BFH and SYF 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 BFH and SYF?
As of 2026-08-27, the correlation of weekly returns between BFH and SYF is 0.79 over 3 years, 0.77 over 1 year and 0.78 over 5 years.
Is SYF a good diversifier for BFH?
Only partially. A correlation of 0.79 means BFH and SYF share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.79 mean?
A reading of 0.79 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bfh-vs-syf.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bfh-vs-syf/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BFH correlations · SYF correlations
