FTH vs OMC: Correlation
Measured on weekly returns over the past three years, Faeth Therapeutics, Inc. (FTH) and Omnicom Group (OMC) carry a correlation of 0.36, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FTH and OMC?
Across a 3-year window, the weekly returns of FTH and OMC correlate at 0.36, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.53 versus 0.36 over 3 years. Stretching to 5 years gives 0.30, with an annualized covariance of 1896.7 %².
Among the 19 assets we track against FTH, OMC ranks #6 by 3-year correlation. The last year tells two different stories: FTH led by 304.2 percentage points, +320.7% for FTH against +16.5% for OMC. Risk is not evenly split, since FTH carries 6.8 times the volatility of the other side.
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.
FTH vs OMC: side by side
| FTH (Faeth Therapeutics, Inc.) | OMC (Omnicom Group) | |
|---|---|---|
| 1-year return | +320.7% | +16.5% |
| 5-year return | -83.6% | +45.6% |
| Volatility (ann.) | 189.5% | 28.0% |
| Beta vs S&P 500 | 1.77 | 0.76 |
| Max drawdown (3Y) | -84.3% | -33.3% |
| Market cap | $0.9B | $24.1B |
| P/E (trailing) | – | 237.5 |
| Dividend yield | 0.00% | 3.53% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | FTH | OMC |
|---|---|---|
| 2022 | -74.3% | +15.7% |
| 2023 | -53.6% | +9.6% |
| 2024 | -29.2% | +2.5% |
| 2025 | +8.9% | -2.6% |
| 2026 | +216.2% | +11.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FTH and OMC good diversifiers for each other?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between FTH and OMC?
The FTH/OMC correlation stands at 0.36 on a 3-year window (1 year: 0.53, 5 years: 0.30), computed from weekly returns as of 2026-08-27.
Is OMC a good diversifier for FTH?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.36 mean?
On the −1 to +1 scale, 0.36 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
$ curl https://www.pairbook.io/api/v1/pairs/fth-vs-omc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fth-vs-omc/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FTH correlations · OMC correlations
