FNB vs OMF: Correlation
Measured on weekly returns over the past three years, F.N.B. Corporation (FNB) and OneMain Holdings, Inc. (OMF) carry a correlation of 0.75, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FNB and OMF?
Over the past 3 years, FNB and OMF moved with a correlation of 0.75, which is strong. The past 12 months show a weaker link (0.51) than the 3-year average (0.75). Over 5 years the correlation is 0.65, and the annualized covariance of weekly returns is 650.3 %².
Within FNB's tracked universe of 53 assets, OMF comes in at #34 by 3-year correlation. Their 12-month results are close: +13.4% for FNB against +11.8% for OMF.
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.
FNB vs OMF: side by side
| FNB (F.N.B. Corporation) | OMF (OneMain Holdings, Inc.) | |
|---|---|---|
| 1-year return | +13.4% | +11.8% |
| 5-year return | +91.1% | +68.1% |
| Volatility (ann.) | 27.4% | 31.8% |
| Beta vs S&P 500 | 1.03 | 1.27 |
| Max drawdown (3Y) | -32.6% | -29.9% |
| Market cap | $6.6B | $7.3B |
| P/E (trailing) | 11.0 | 9.5 |
| Dividend yield | 2.65% | 6.64% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FNB | OMF |
|---|---|---|
| 2022 | +11.7% | -27.2% |
| 2023 | +9.8% | +63.0% |
| 2024 | +11.0% | +15.1% |
| 2025 | +19.4% | +39.8% |
| 2026 | +9.7% | -0.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FNB and OMF good diversifiers for each other?
To a limited degree. At 0.75 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 FNB and OMF?
The FNB/OMF correlation stands at 0.75 on a 3-year window (1 year: 0.51, 5 years: 0.65), computed from weekly returns as of 2026-08-27.
Is OMF a good diversifier for FNB?
To a limited degree. At 0.75 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 0.75 mean?
A reading of 0.75 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/fnb-vs-omf.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fnb-vs-omf/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FNB correlations · OMF correlations
