FNB vs SYF: Correlation
Measured on weekly returns over the past three years, F.N.B. Corporation (FNB) and Synchrony Financial (SYF) carry a correlation of 0.77, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FNB and SYF?
Over the past 3 years, FNB and SYF moved with a correlation of 0.77, which is strong. The link has loosened recently: the 1-year correlation (0.63) runs below the 3-year figure (0.77). Over 5 years the correlation is 0.70, and the annualized covariance of weekly returns is 667.5 %².
By 3-year correlation, SYF places #33 of the 53 assets tracked against FNB. Over the last 12 months FNB came out ahead by 6.1 percentage points (+13.4% against +7.3%).
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 SYF: side by side
| FNB (F.N.B. Corporation) | SYF (Synchrony Financial) | |
|---|---|---|
| 1-year return | +13.4% | +7.3% |
| 5-year return | +91.1% | +81.0% |
| Volatility (ann.) | 27.4% | 31.6% |
| Beta vs S&P 500 | 1.03 | 1.28 |
| Max drawdown (3Y) | -32.6% | -37.7% |
| Market cap | $6.6B | $26.0B |
| P/E (trailing) | 11.0 | 8.2 |
| Dividend yield | 2.65% | 1.50% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | FNB | SYF |
|---|---|---|
| 2022 | +11.7% | -27.4% |
| 2023 | +9.8% | +19.8% |
| 2024 | +11.0% | +74.0% |
| 2025 | +19.4% | +30.6% |
| 2026 | +9.7% | -3.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FNB and SYF good diversifiers for each other?
To a limited degree. At 0.77 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 SYF?
Using weekly returns as of 2026-08-27: 0.77 over 3 years, with 0.63 over the last year and 0.70 over 5 years.
Is SYF a good diversifier for FNB?
To a limited degree. At 0.77 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 0.77 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/fnb-vs-syf.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fnb-vs-syf/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FNB correlations · SYF correlations
