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DAL vs OMH: Correlation

Measured on weekly returns over the past three years, Delta Air Lines (DAL) and Ohmyhome Limited - Class A (OMH) carry a correlation of -0.21, a negative link.

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

Correlation (3Y)
-0.21
negative
Correlation (1Y)
0.10
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
-3502.1
%² · weekly, annualized

How correlated are DAL and OMH?

On 3 years of weekly data the DAL/OMH correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.10) than the 3-year average (-0.21). The 5-year figure is n/a, and annualized covariance runs at -3502.1 %².

By 3-year correlation, OMH places #28 of the 33 assets tracked against DAL. The last year tells two different stories: DAL led by 127.5 percentage points, +33.9% for DAL against -93.6% for OMH. One caveat on sizing: OMH is 12.1 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.

DAL vs OMH: side by side

DAL (Delta Air Lines)OMH (Ohmyhome Limited - Class A)
1-year return+33.9%-93.6%
5-year return+110.6%n/a
Volatility (ann.)37.1%448.2%
Beta vs S&P 5001.17-3.85
Max drawdown (3Y)-47.9%-97.9%
Market cap
P/E (trailing)13.8
Dividend yield0.94%0.00%
Sector / categoryIndustrialsUS Listed
Higher yield: DAL 0.94% vs 0.00%Smaller drawdown: DAL -47.9% vs -97.9%
-93%0%+65%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). DAL · OMH

Year-by-year returns

YearDALOMH
2022-15.9%
2023+23.0%
2024+52.0%-73.9%
2025+16.1%+102.0%
2026+17.8%-90.6%

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

Are DAL and OMH good diversifiers for each other?

Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between DAL and OMH?

The DAL/OMH correlation stands at -0.21 on a 3-year window (1 year: 0.10, 5 years: n/a), computed from weekly returns as of 2026-08-27.

Is OMH a good diversifier for DAL?

Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.21 mean?

On the −1 to +1 scale, -0.21 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

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DAL vs OMH: 3-year weekly correlation -0.21DAL vs OMH-0.21

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Related comparisons

Hubs: DAL correlations · OMH correlations