JBHT vs OMH: Correlation
Measured on weekly returns over the past three years, J.B. Hunt (JBHT) and Ohmyhome Limited - Class A (OMH) carry a correlation of -0.16, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JBHT and OMH?
Across a 3-year window, the weekly returns of JBHT and OMH correlate at -0.16, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.08) runs above the 3-year figure (-0.16). Stretching to 5 years gives n/a, with an annualized covariance of -2194.9 %².
Within JBHT's tracked universe of 36 assets, OMH comes in at #26 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months JBHT outperformed by 175.7 percentage points (+82.1% for JBHT against -93.6% for OMH). Risk is not evenly split, since OMH carries 14.9 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.
JBHT vs OMH: side by side
| JBHT (J.B. Hunt) | OMH (Ohmyhome Limited - Class A) | |
|---|---|---|
| 1-year return | +82.1% | -93.6% |
| 5-year return | +51.0% | n/a |
| Volatility (ann.) | 30.0% | 448.2% |
| Beta vs S&P 500 | 0.93 | -3.85 |
| Max drawdown (3Y) | -42.4% | -97.9% |
| Market cap | $24.7B | – |
| P/E (trailing) | 37.5 | – |
| Dividend yield | 0.68% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | JBHT | OMH |
|---|---|---|
| 2022 | -13.9% | – |
| 2023 | +15.6% | – |
| 2024 | -13.8% | -73.9% |
| 2025 | +15.2% | +102.0% |
| 2026 | +36.3% | -90.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JBHT and OMH good diversifiers for each other?
Yes. With a correlation of -0.16, JBHT and OMH have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between JBHT and OMH?
Using weekly returns as of 2026-08-27: -0.16 over 3 years, with 0.08 over the last year and n/a over 5 years.
Is OMH a good diversifier for JBHT?
Yes. With a correlation of -0.16, JBHT and OMH have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.16 mean?
On the −1 to +1 scale, -0.16 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/jbht-vs-omh.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/jbht-vs-omh/)
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Related comparisons
Hubs: JBHT correlations · OMH correlations
