F vs OPAD: Correlation
How closely do Ford Motor Company (F) and Offerpad Solutions Inc. (OPAD) trade together? Their weekly returns over three years give a correlation of -0.17, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are F and OPAD?
Over the past 3 years, F and OPAD moved with a correlation of -0.17, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.33 versus -0.17 over 3 years. Over 5 years the correlation is -0.08, and the annualized covariance of weekly returns is -2702.9 %².
Among the 35 assets we track against F, OPAD ranks #27 by 3-year correlation. Over the last 12 months OPAD came out ahead by 10.7 percentage points (+22.6% against +33.3%). Note the risk asymmetry: OPAD runs 12.2 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.
F vs OPAD: side by side
| F (Ford Motor Company) | OPAD (Offerpad Solutions Inc.) | |
|---|---|---|
| 1-year return | +22.6% | +33.3% |
| 5-year return | +45.8% | -96.7% |
| Volatility (ann.) | 36.1% | 440.7% |
| Beta vs S&P 500 | 1.06 | -1.25 |
| Max drawdown (3Y) | -36.5% | -95.6% |
| Market cap | $55.6B | – |
| P/E (trailing) | – | – |
| Dividend yield | 4.32% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | F | OPAD |
|---|---|---|
| 2022 | -42.2% | -92.8% |
| 2023 | +15.8% | +48.2% |
| 2024 | -13.1% | -72.2% |
| 2025 | +42.3% | -57.5% |
| 2026 | +10.0% | +270.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are F and OPAD good diversifiers for each other?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
FAQ
What is the correlation between F and OPAD?
Using weekly returns as of 2026-08-27: -0.17 over 3 years, with -0.33 over the last year and -0.08 over 5 years.
Is OPAD a good diversifier for F?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
What does a correlation of -0.17 mean?
A reading of -0.17 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/f-vs-opad.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/f-vs-opad/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: F correlations · OPAD correlations
