BNY vs OMH: Correlation
Measured on weekly returns over the past three years, BNY Mellon (BNY) and Ohmyhome Limited - Class A (OMH) carry a correlation of -0.18, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BNY and OMH?
Over the past 3 years, BNY and OMH moved with a correlation of -0.18, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.06) runs above the 3-year figure (-0.18). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -1646.4 %².
OMH is close to the least connected end of BNY's tracked universe, ranking #27 of 31. The last year tells two different stories: BNY led by 150.8 percentage points, +57.2% for BNY against -93.6% for OMH. One caveat on sizing: OMH is 22.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
BNY vs OMH: side by side
| BNY (BNY Mellon) | OMH (Ohmyhome Limited - Class A) | |
|---|---|---|
| 1-year return | +57.2% | -93.6% |
| 5-year return | +236.7% | n/a |
| Volatility (ann.) | 20.2% | 448.2% |
| Beta vs S&P 500 | 0.89 | -3.85 |
| Max drawdown (3Y) | -17.6% | -97.9% |
| Market cap | $110.1B | – |
| P/E (trailing) | 19.0 | – |
| Dividend yield | 1.30% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | BNY | OMH |
|---|---|---|
| 2022 | -19.1% | – |
| 2023 | +18.5% | – |
| 2024 | +51.9% | -73.9% |
| 2025 | +54.4% | +102.0% |
| 2026 | +41.5% | -90.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BNY and OMH good diversifiers for each other?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BNY and OMH?
As of 2026-08-27, the correlation of weekly returns between BNY and OMH is -0.18 over 3 years, 0.06 over 1 year and n/a over 5 years.
Is OMH a good diversifier for BNY?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.18 mean?
A reading of -0.18 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
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Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: BNY correlations · OMH correlations
