OHI vs SPRC: Correlation
Omega Healthcare Investors, Inc. (OHI) and SciSparc Ltd. (SPRC) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OHI and SPRC?
On 3 years of weekly data the OHI/SPRC correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.29 lands near the 3-year figure. The 5-year figure is -0.13, and annualized covariance runs at -746.4 %².
Among the 12 assets we track against OHI, SPRC sits near the bottom by co-movement, at rank #8. Correlation aside, the last 12 months split them widely, with OHI ahead by 97.9 points (+15.2% versus -82.7%). One caveat on sizing: SPRC is 10.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
OHI vs SPRC: side by side
| OHI (Omega Healthcare Investors, Inc.) | SPRC (SciSparc Ltd.) | |
|---|---|---|
| 1-year return | +15.2% | -82.7% |
| 5-year return | +107.9% | -100.0% |
| Volatility (ann.) | 17.7% | 190.8% |
| Beta vs S&P 500 | 0.09 | 2.10 |
| Max drawdown (3Y) | -15.5% | -99.8% |
| Market cap | $14.8B | – |
| P/E (trailing) | 16.5 | 0.1 |
| Dividend yield | 5.73% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OHI | SPRC |
|---|---|---|
| 2022 | +3.5% | -87.9% |
| 2023 | +19.9% | -75.2% |
| 2024 | +33.6% | -92.6% |
| 2025 | +25.5% | -82.0% |
| 2026 | +9.0% | -45.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OHI and SPRC good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between OHI and SPRC?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.29 over the last year and -0.13 over 5 years.
Is SPRC a good diversifier for OHI?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
A reading of -0.22 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/ohi-vs-sprc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ohi-vs-sprc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: OHI correlations · SPRC correlations
