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BOKF vs SGI: Correlation

BOK Financial Corporation (BOKF) and Somnigroup International Inc. (SGI) show a strong relationship: their 3-year correlation of weekly returns is 0.63.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.63
strong
Correlation (1Y)
0.57
last 12 months
Correlation (5Y)
0.53
long-run
Ann. covariance
552.2
%² · weekly, annualized

How correlated are BOKF and SGI?

On 3 years of weekly data the BOKF/SGI correlation comes out at 0.63, strong. Recent behaviour matches the longer record: 0.57 over 1 year against 0.63 over 3. The 5-year figure is 0.53, and annualized covariance runs at 552.2 %².

By 3-year correlation, SGI places #7 of the 15 assets tracked against BOKF. The last year tells two different stories: BOKF led by 50.9 percentage points, +25.5% for BOKF against -25.4% for SGI.

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.

BOKF vs SGI: side by side

BOKF (BOK Financial Corporation)SGI (Somnigroup International Inc.)
1-year return+25.5%-25.4%
5-year return+78.9%+44.9%
Volatility (ann.)25.9%33.8%
Beta vs S&P 5000.861.02
Max drawdown (3Y)-26.2%-37.1%
Market cap$8.4B$13.1B
P/E (trailing)13.024.8
Dividend yield1.82%1.02%
Sector / categoryUS ListedUS Listed
Lower P/E: BOKF 13.0 vs 24.8Higher yield: BOKF 1.82% vs 1.02%Smaller drawdown: BOKF -26.2% vs -37.1%Higher 5y return: BOKF +78.9% vs +44.9%
-28%0%+32%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). BOKF · SGI

Year-by-year returns

YearBOKFSGI
2022+1.2%-26.0%
2023-15.2%+50.1%
2024+27.2%+12.3%
2025+13.8%+58.8%
2026+18.4%-29.5%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are BOKF and SGI good diversifiers for each other?

To a limited degree. At 0.63 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 BOKF and SGI?

The BOKF/SGI correlation stands at 0.63 on a 3-year window (1 year: 0.57, 5 years: 0.53), computed from weekly returns as of 2026-08-27.

Is SGI a good diversifier for BOKF?

To a limited degree. At 0.63 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 0.63 mean?

On the −1 to +1 scale, 0.63 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.

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BOKF vs SGI: 3-year weekly correlation 0.63BOKF vs SGI0.63

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Hubs: BOKF correlations · SGI correlations