KEY vs OMF: Correlation
KeyCorp (KEY) and OneMain Holdings, Inc. (OMF) show a strong relationship: their 3-year correlation of weekly returns is 0.76.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KEY and OMF?
Across a 3-year window, the weekly returns of KEY and OMF correlate at 0.76, strong. The link has loosened recently: the 1-year correlation (0.56) runs below the 3-year figure (0.76). Stretching to 5 years gives 0.69, with an annualized covariance of 779.8 %².
By 3-year correlation, OMF places #21 of the 59 assets tracked against KEY. The trailing year gives KEY the advantage: +18.4% versus +11.8%, a 6.6-point spread.
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.
KEY vs OMF: side by side
| KEY (KeyCorp) | OMF (OneMain Holdings, Inc.) | |
|---|---|---|
| 1-year return | +18.4% | +11.8% |
| 5-year return | +38.0% | +68.1% |
| Volatility (ann.) | 32.1% | 31.8% |
| Beta vs S&P 500 | 1.25 | 1.27 |
| Max drawdown (3Y) | -32.2% | -29.9% |
| Market cap | $23.5B | $7.3B |
| P/E (trailing) | 13.0 | 9.5 |
| Dividend yield | 3.71% | 6.64% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | KEY | OMF |
|---|---|---|
| 2022 | -21.7% | -27.2% |
| 2023 | -11.5% | +63.0% |
| 2024 | +25.3% | +15.1% |
| 2025 | +26.2% | +39.8% |
| 2026 | +8.8% | -0.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KEY and OMF good diversifiers for each other?
Only partially. A correlation of 0.76 means KEY and OMF share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between KEY and OMF?
As of 2026-08-27, the correlation of weekly returns between KEY and OMF is 0.76 over 3 years, 0.56 over 1 year and 0.69 over 5 years.
Is OMF a good diversifier for KEY?
Only partially. A correlation of 0.76 means KEY and OMF share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.76 mean?
On the −1 to +1 scale, 0.76 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/key-vs-omf.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/key-vs-omf/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KEY correlations · OMF correlations
