DGRO vs OMH: Correlation
iShares Core Dividend Growth ETF (DGRO) and Ohmyhome Limited - Class A (OMH) show a negative relationship: their 3-year correlation of weekly returns is -0.15.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DGRO and OMH?
Across a 3-year window, the weekly returns of DGRO and OMH correlate at -0.15, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.11 versus -0.15 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of -783.2 %².
By 3-year correlation, OMH places #132 of the 138 assets tracked against DGRO. Correlation aside, the last 12 months split them widely, with DGRO ahead by 114.6 points (+21.0% versus -93.6%). Note the risk asymmetry: OMH runs 39.3 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
DGRO vs OMH: side by side
| DGRO (iShares Core Dividend Growth ETF) | OMH (Ohmyhome Limited - Class A) | |
|---|---|---|
| 1-year return | +21.0% | -93.6% |
| 5-year return | +67.9% | n/a |
| Volatility (ann.) | 11.4% | 448.2% |
| Beta vs S&P 500 | 0.65 | -3.85 |
| Max drawdown (3Y) | -14.0% | -97.9% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 1.89% | 0.00% |
| Expense ratio | 0.08% | – |
| Assets under management | $42.8B | – |
| Sector / category | ETF · Dividend | US Listed |
DGRO, iShares's Large Value fund, carries $42.8B under management, 383 holdings, a 0.08% expense ratio, a 1.89% trailing dividend yield.
Year-by-year returns
| Year | DGRO | OMH |
|---|---|---|
| 2022 | -7.9% | – |
| 2023 | +10.5% | – |
| 2024 | +16.6% | -73.9% |
| 2025 | +15.7% | +102.0% |
| 2026 | +15.2% | -90.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DGRO and OMH good diversifiers for each other?
Yes: at -0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between DGRO and OMH?
Using weekly returns as of 2026-08-27: -0.15 over 3 years, with 0.11 over the last year and n/a over 5 years.
Is OMH a good diversifier for DGRO?
Yes: at -0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.15 mean?
A reading of -0.15 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/dgro-vs-omh.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dgro-vs-omh/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DGRO correlations · OMH correlations
